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These days, finding an affordable place to live in the Winona area can be challenging. Home prices in Winona are now at a median cost of $137,819, lower than the Michigan average of $250,415.
The average cost of rent is $916/mo in Winona, primarily driven by the current value of real estate in the Winona area. In Winona, 6.66% of households rent, and 61.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Winona is $4,977 per month. Households that rent pay about 18.40% of their income on rent here. Winona’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Twin Lakes, MI: higher priced homes
- Nisula, MI: less expensive homes
- Toivola, MI: higher priced homes
- White, MI: less expensive homes
- Wainola, MI: less expensive homes
- Greenland, MI: less expensive homes
- Mass City, MI: less expensive homes
- Arnheim, MI: equally priced homes
- Pelkie, MI: equally priced homes
- Elo, MI: higher priced homes
Cities with Similar Populations
- Commerce, MS: higher priced homes
- Weatherby, OR: higher priced homes
- Wayne Center, IL: higher priced homes
- Wayne, AL: less expensive homes
- Waterview, KY: higher priced homes
- Waterloo, PA: higher priced homes
- Wateree, SC: less expensive homes
- Wardview, LA: less expensive homes
- Wardell, AR: less expensive homes
- Waldrip, TX: less expensive homes
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