Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Zumbro Falls area can be challenging. Home prices in Zumbro Falls are now at a median cost of $278,306, higher than the Minnesota average of $269,934.
The average cost of rent is $853/mo in Zumbro Falls, primarily driven by the current value of real estate in the Zumbro Falls area. While nearly 36.69% of residents own their homes outright in Zumbro Falls, 9.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Zumbro Falls is $7,581 per month. Households that rent pay about 11.25% of their income on rent here. Zumbro Falls's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Hammond, MN: less expensive homes
- Jarrett, MN: less expensive homes
- Mazeppa, MN: equally priced homes
- Millville, MN: equally priced homes
- Potsdam, MN: higher priced homes
- Oronoco, MN: higher priced homes
- Oak Center, MN: equally priced homes
- Bellechester, MN: equally priced homes
- Pine Island, MN: equally priced homes
- Douglas, MN: higher priced homes
Cities with Similar Populations
- Corinth, MI: equally priced homes
- Bray, OK: less expensive homes
- Burr Hill, VA: higher priced homes
- Butte Des Morts, WI: equally priced homes
- Byars, OK: less expensive homes
- Callaway, NE: less expensive homes
- Calvert, KS: less expensive homes
- Cammack Village, AR: higher priced homes
- Cartersburg, IN: equally priced homes
- Casey, IA: less expensive homes
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