
Home Price Key
These days, finding an affordable place to live in the Warsaw area can be challenging. Home prices in Warsaw are now at a median cost of $313,323, higher than the Minnesota average of $269,934.
The average cost of rent is $1,482/mo in Warsaw, primarily driven by the current value of real estate in the Warsaw area. While nearly 40.32% of residents own their homes outright in Warsaw, 7.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Warsaw is $7,426 per month. Households that rent pay about 19.96% of their income on rent here. Warsaw's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
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