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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 $363,372, higher than the Minnesota average of $345,793.
The average cost of rent is $1,478/mo in West Albion, primarily driven by the current value of real estate in the West Albion area. In West Albion, 6.85% of households rent, and 39.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Albion is $8,431 per month. Households that rent pay about 17.53% of their income on rent here. West Albion’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- French Lake, MN: higher priced homes
- Annandale, MN: less expensive homes
- Knapp, MN: equally priced homes
- Cokato, MN: less expensive homes
- Maple Lake, MN: equally priced homes
- Rassat, MN: higher priced homes
- Howard Lake, MN: equally priced homes
- South Haven, MN: equally priced homes
- Kingston, MN: equally priced homes
- Stockholm, MN: equally priced homes
Cities with Similar Populations
- Ivy Log, GA: less expensive homes
- Hurricane, AL: equally priced homes
- Hutchins, GA: less expensive homes
- Hyannis, NE: less expensive homes
- Ideal, SD: less expensive homes
- Imogene, IA: less expensive homes
- Indian Grove, MO: less expensive homes
- Ingrams Mill, MS: less expensive homes
- Ino, WI: less expensive homes
- Iowa Center, IA: less expensive homes
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