The Most Affordable Neighborhoods in White Bear Lake, MN by Home Value

 

White Bear Lake, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the White Bear Lake area can be challenging. Home prices in White Bear Lake are now at a median cost of $269,474, lower than the Minnesota average of $269,934.

The average cost of rent is $1,388/mo in White Bear Lake, primarily driven by the current value of real estate in the White Bear Lake area. While nearly 42.49% of residents own their homes outright in White Bear Lake, 35.45% rent.

Housing affordability isn’t just about home prices, though. The average household income in White Bear Lake is $6,448 per month. Households that rent pay about 21.53% of their income on rent here. White Bear Lake's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.


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