The Most Affordable Neighborhoods in Zumbrota, MN by Home Value

 

Zumbrota, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Zumbrota area can be challenging. Home prices in Zumbrota are now at a median cost of $233,325, lower than the Minnesota average of $269,934.

The average cost of rent is $863/mo in Zumbrota, primarily driven by the current value of real estate in the Zumbrota area. While nearly 44.22% of residents own their homes outright in Zumbrota, 24.87% rent.

Housing affordability isn’t just about home prices, though. The average household income in Zumbrota is $7,334 per month. Households that rent pay about 11.76% of their income on rent here. Zumbrota's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.


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