
Home Price Key
These days, finding an affordable place to live in the Waseca area can be challenging. Home prices in Waseca are now at a median cost of $151,733, lower than the Minnesota average of $269,934.
The average cost of rent is $855/mo in Waseca, primarily driven by the current value of real estate in the Waseca area. While nearly 41.44% of residents own their homes outright in Waseca, 25.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waseca is $5,299 per month. Households that rent pay about 16.14% of their income on rent here. Waseca's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Meriden, MN: higher priced homes
- Otisco, MN: higher priced homes
- Vista, MN: higher priced homes
- Janesville, MN: higher priced homes
- Waterville, MN: higher priced homes
- Morristown, MN: higher priced homes
- Elysian, MN: higher priced homes
- Hope, MN: higher priced homes
- New Richland, MN: equally priced homes
- Medford, MN: higher priced homes
Cities with Similar Populations
- Waldwick, NJ: higher priced homes
- Cheboygan, MI: equally priced homes
- Chelsea, AL: higher priced homes
- Chelsea, MI: higher priced homes
- Chesapeake Ranch Estates, MD: higher priced homes
- Chesterland, OH: higher priced homes
- Chestertown, MD: higher priced homes
- Chestnut Ridge, NY: higher priced homes
- Chillicothe, MO: less expensive homes
- Shasta Lake, CA: higher priced homes
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