Housing costs in Oak Valley?
A typical home costs
$239,400, which is 29.2% less expensive than the national average of
$338,100 and 22.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Oak Valley costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 51.2% more than the state average of
$1,240.
Can I afford Oak Valley?
To live comfortably in Oak Valley, Minnesota, a minimum annual income of
$45,720 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Oak Valley?
Oak Valley, MN is a small but bustling town with a low cost of living. The median home price in the area is around $150,000 and rent for an average two-bedroom apartment is around $800 per month which makes it a great option for anyone looking to save money. Property taxes are relatively low and utility costs are reasonable, allowing residents to enjoy the charm of small-town living without breaking the bank. In addition, there are plenty of affordable restaurants, grocery stores, and entertainment venues in the area which make it an ideal place to settle down without worrying about high expenses.