The Most Affordable Neighborhoods in West Albion, MN by Home Value

 

West Albion, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West Albion area can be challenging. Home prices in West Albion are now at a median cost of $309,697, higher than the Minnesota average of $269,934.

The average cost of rent is $950/mo in West Albion, primarily driven by the current value of real estate in the West Albion area. While nearly 31.67% of residents own their homes outright in West Albion, 3.99% rent.

Housing affordability isn’t just about home prices, though. The average household income in West Albion is $8,810 per month. Households that rent pay about 10.79% of their income on rent here. West Albion's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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