The Most Affordable Neighborhoods in Waltham, MN by Home Value

 

Waltham, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Waltham area can be challenging. Home prices in Waltham are now at a median cost of $256,594, lower than the Minnesota average of $269,934.

The average cost of rent is $866/mo in Waltham, primarily driven by the current value of real estate in the Waltham area. While nearly 47.57% of residents own their homes outright in Waltham, 5.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in Waltham is $7,924 per month. Households that rent pay about 10.93% of their income on rent here. Waltham's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.


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