The Most Affordable Neighborhoods in Willow River, MN by Home Value

 

Willow River, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Willow River area can be challenging. Home prices in Willow River are now at a median cost of $229,310, lower than the Minnesota average of $345,793.

The average cost of rent is $1,037/mo in Willow River, primarily driven by the current value of real estate in the Willow River area. In Willow River, 18.00% of households rent, and 47.33% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Willow River is $6,302 per month. Households that rent pay about 16.45% of their income on rent here. Willow River’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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