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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 $218,556, lower than the Minnesota average of $345,793.
The average cost of rent is $882/mo in Winona, primarily driven by the current value of real estate in the Winona area. In Winona, 39.21% of households rent, and 42.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Winona is $5,432 per month. Households that rent pay about 16.23% of their income on rent here. Winona’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Goodview, MN: equally priced homes
- Wilson, MN: higher priced homes
- Sugarloaf, MN: higher priced homes
- Minnesota City, MN: higher priced homes
- Marshland, WI: higher priced homes
- Stockton, MN: higher priced homes
- Fountain City, WI: equally priced homes
- Lamoille, MN: higher priced homes
- Pine Creek, WI: equally priced homes
- Witoka, MN: higher priced homes
Cities with Similar Populations
- Bayonet Point, FL: less expensive homes
- Westmont, IL: higher priced homes
- Wethersfield, CT: higher priced homes
- West Springfield, VA: higher priced homes
- Wright, FL: higher priced homes
- Bloomsburg, PA: equally priced homes
- Bergenfield, NJ: higher priced homes
- Belton, MO: equally priced homes
- Barranquitas, PR: less expensive homes
- Barberton, OH: less expensive homes
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