The Most Affordable Neighborhoods in Ward Springs, MN by Home Value

 

Ward Springs, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ward Springs area can be challenging. Home prices in Ward Springs are now at a median cost of $325,808, lower than the Minnesota average of $345,793.

The average cost of rent is $1,254/mo in Ward Springs, primarily driven by the current value of real estate in the Ward Springs area. In Ward Springs, 13.44% of households rent, and 45.39% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ward Springs is $7,239 per month. Households that rent pay about 17.32% of their income on rent here. Ward Springs’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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