Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Winsted area can be challenging. Home prices in Winsted are now at a median cost of $192,062, lower than the Minnesota average of $269,934.
The average cost of rent is $687/mo in Winsted, primarily driven by the current value of real estate in the Winsted area. While nearly 41.26% of residents own their homes outright in Winsted, 19.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Winsted is $5,716 per month. Households that rent pay about 12.01% of their income on rent here. Winsted's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Lester Prairie, MN: equally priced homes
- New Germany, MN: higher priced homes
- Howard Lake, MN: higher priced homes
- Waverly, MN: higher priced homes
- Silver Lake, MN: equally priced homes
- Stockholm, MN: higher priced homes
- Mayer, MN: higher priced homes
- Montrose, MN: higher priced homes
- Cokato, MN: equally priced homes
- Watertown, MN: higher priced homes
Cities with Similar Populations
- Ripley, OH: less expensive homes
- Lennon, MI: less expensive homes
- McAlisterville, PA: less expensive homes
- New Bloomfield, MO: equally priced homes
- Paden City, WV: less expensive homes
- Piedmont, SD: higher priced homes
- Port Murray, NJ: higher priced homes
- Premont, TX: less expensive homes
- Princeton, MA: higher priced homes
- Andover, OH: less expensive homes
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