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These days, finding an affordable place to live in the Wanamingo area can be challenging. Home prices in Wanamingo are now at a median cost of $283,101, lower than the Minnesota average of $345,793.
The average cost of rent is $801/mo in Wanamingo, primarily driven by the current value of real estate in the Wanamingo area. In Wanamingo, 23.24% of households rent, and 24.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wanamingo is $7,267 per month. Households that rent pay about 11.02% of their income on rent here. Wanamingo’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hader, MN: higher priced homes
- Zumbrota, MN: equally priced homes
- Wastedo, MN: higher priced homes
- Kenyon, MN: less expensive homes
- Pine Island, MN: higher priced homes
- Sogn, MN: higher priced homes
- Concord, MN: higher priced homes
- Skyburg, MN: higher priced homes
- West Concord, MN: equally priced homes
- Moland, MN: equally priced homes
Cities with Similar Populations
- Mabscott, WV: less expensive homes
- Center, GA: equally priced homes
- Cedar Key, FL: higher priced homes
- Barnesville, PA: less expensive homes
- Altamont, KS: less expensive homes
- Sardis, OH: less expensive homes
- Maceo, KY: less expensive homes
- Rome, PA: less expensive homes
- Richburg, SC: less expensive homes
- Reams, VA: higher priced homes
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