The “Land of 10,000 Lakes,” Minnesota is undoubtedly one of the gems of the upper Midwest. With its vibrant cities home to renowned theaters and museums to its nature like the iconic Lake Superior and the lush Superior National Forest, there are plenty of reasons you may be considering living in Minnesota. If Minnesota sounds like the state for you, then you may also be curious what cities fit into your budget. When it comes to buying a home in Minnesota, the median home sale price is $354,200.
If that number is out of your budget, don’t worry, we’ve got options to help you find a home. Redfin has collected 8 of the most affordable places to live in Minnesota. And the best part is that they all have a median home sale price under $354,200. From St. Paul to Duluth, let’s jump in and see what cities are on the list.
#1: St. Cloud
Median home price: $270,000
Average sale price per square foot: $134
Average rent for a 1-bedroom apartment: $923
Median household income: $50,335
Nearest major metro: Minneapolis (70 miles)
St. Cloud, MN homes for sale
St. Cloud, MN apartments for rent
With a median home sale price of $270,000, St. Cloud comes in at number one on our list of most affordable places to live in Minnesota. About 68,900 people live in this city and is roughly 70 miles from the nearest major metro, Minneapolis. If you’re considering moving to this area make sure to explore Munsinger Gardens situated along the Mississippi River, stroll through downtown St. Cloud, or check out the St. Cloud State University campus.
#2: St. Paul
Median home price: $296,000
Average sale price per square foot: $200
Average rent for a 1-bedroom apartment: $1,462
Median household income: $59,717
Nearest major metro: Minneapolis (12 miles)
St. Paul, MN homes for sale
St. Paul, MN apartments for rent
Taking the second spot on our list of affordable cities to live in Minnesota is St. Paul, one half of the Twin Cities. When living in this city of 311,500 people, you can visit the Minnesota State Capitol or take a walk or bike ride along the Mississippi River. There is plenty to explore in the St. Paul area, so also make sure to go ice skating at the Landmark Center or shop at the St. Paul Farmers Market for some fresh local produce.