Expensive
Affordable
Affordable
Colorblind friendly
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These days, finding an affordable place to live in the Waldo area can be challenging. Home prices in Waldo are now at a median cost of $331,197, lower than the Minnesota average of $345,793.
The average cost of rent is $1,192/mo in Waldo, primarily driven by the current value of real estate in the Waldo area. In Waldo, 5.90% of households rent, and 37.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waldo is $6,943 per month. Households that rent pay about 17.17% of their income on rent here. Waldo’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Two Harbors, MN: less expensive homes
- Larsmont, MN: higher priced homes
- Knife River, MN: higher priced homes
- Whyte, MN: less expensive homes
- Highland, MN: less expensive homes
- Palmers, MN: higher priced homes
- French River, MN: equally priced homes
- Wales, MN: less expensive homes
- Brimson, MN: less expensive homes
- East Beaver Bay, MN: less expensive homes
Cities with Similar Populations
- Junction City, IL: less expensive homes
- Lakeside, MA: higher priced homes
- Kilbourne, OH: higher priced homes
- Kennard, IN: less expensive homes
- Kendrick, ID: equally priced homes
- Kendalia, TX: higher priced homes
- Keene, ND: less expensive homes
- Keene, CA: higher priced homes
- Kadoka, SD: less expensive homes
- Rockland, TX: less expensive homes
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