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These days, finding an affordable place to live in the Walnut Grove area can be challenging. Home prices in Walnut Grove are now at a median cost of $135,722, lower than the Minnesota average of $345,793.
The average cost of rent is $643/mo in Walnut Grove, primarily driven by the current value of real estate in the Walnut Grove area. In Walnut Grove, 27.19% of households rent, and 61.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Grove is $5,349 per month. Households that rent pay about 12.03% of their income on rent here. Walnut Grove’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Revere, MN: less expensive homes
- Tracy, MN: equally priced homes
- Lamberton, MN: equally priced homes
- Lucan, MN: higher priced homes
- Dovray, MN: higher priced homes
- Milroy, MN: higher priced homes
- Amiret, MN: higher priced homes
- Westbrook, MN: equally priced homes
- Wanda, MN: higher priced homes
- Garvin, MN: higher priced homes
Cities with Similar Populations
- Nashville, CA: higher priced homes
- Adair, IA: higher priced homes
- Lindside, WV: higher priced homes
- Loma Rica, CA: higher priced homes
- Luxora, AR: less expensive homes
- Lyndora, PA: higher priced homes
- Macon, TN: higher priced homes
- Mandaree, ND: higher priced homes
- Maple, WI: higher priced homes
- Montrose, AL: higher priced homes
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