Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waverly area can be challenging. Home prices in Waverly are now at a median cost of $235,177, lower than the Minnesota average of $269,934.
The average cost of rent is $1,077/mo in Waverly, primarily driven by the current value of real estate in the Waverly area. While nearly 23.54% of residents own their homes outright in Waverly, 16.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waverly is $7,555 per month. Households that rent pay about 14.25% of their income on rent here. Waverly's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Montrose, MN: equally priced homes
- Howard Lake, MN: equally priced homes
- Rassat, MN: higher priced homes
- Winsted, MN: less expensive homes
- Delano, MN: higher priced homes
- Watertown, MN: higher priced homes
- Buffalo, MN: equally priced homes
- Cokato, MN: less expensive homes
- Rockford, MN: equally priced homes
- West Albion, MN: higher priced homes
Cities with Similar Populations
- Afton, MN: higher priced homes
- Hampton Falls, NH: higher priced homes
- Grundy Center, IA: less expensive homes
- Gray Summit, MO: less expensive homes
- Five Points, NM: less expensive homes
- Fairview, OK: less expensive homes
- Columbia, LA: less expensive homes
- Columbia City, OR: higher priced homes
- Clayton, NY: equally priced homes
- Buffalo, TX: less expensive homes
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