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Affordable
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These days, finding an affordable place to live in the West Point area can be challenging. Home prices in West Point are now at a median cost of $336,238, lower than the Minnesota average of $345,793.
The average cost of rent is $1,275/mo in West Point, primarily driven by the current value of real estate in the West Point area. In West Point, 3.32% of households rent, and 36.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Point is $9,143 per month. Households that rent pay about 13.94% of their income on rent here. West Point’s most expensive areas are in the southwestern 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
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Cities with Similar Populations
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