Home Price Key
Affordable
Average
Expensive
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 $237,975, lower than the Minnesota average of $269,934.
The average cost of rent is $1,110/mo in Waldo, primarily driven by the current value of real estate in the Waldo area. While nearly 34.37% of residents own their homes outright in Waldo, 9.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waldo is $6,715 per month. Households that rent pay about 16.53% of their income on rent here. Waldo's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Two Harbors, MN: less expensive homes
- Larsmont, MN: equally priced homes
- Knife River, MN: equally priced homes
- Whyte, MN: less expensive homes
- Highland, MN: equally priced homes
- Palmers, MN: higher priced homes
- French River, MN: higher 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: less expensive homes
- Kendalia, TX: higher priced homes
- Keene, ND: higher priced homes
- Keene, CA: higher priced homes
- Kadoka, SD: less expensive homes
- Rockland, TX: less expensive homes
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