The Most Affordable Neighborhoods in Waldorf, MN by Home Value

 

Waldorf, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Waldorf area can be challenging. Home prices in Waldorf are now at a median cost of $208,010, lower than the Minnesota average of $269,934.

The average cost of rent is $816/mo in Waldorf, primarily driven by the current value of real estate in the Waldorf area. While nearly 49.37% of residents own their homes outright in Waldorf, 13.48% rent.

Housing affordability isn’t just about home prices, though. The average household income in Waldorf is $6,016 per month. Households that rent pay about 13.56% of their income on rent here. Waldorf's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.


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