Housing costs in Freeborn?
A typical home costs
$108,000, which is 68.1% less expensive than the national average of
$338,100 and 65.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Freeborn costs
$800 per month, which is 35.5% cheaper than the national average of
$1,240 and 8.7% cheaper than the state average of
$870.
Can I afford Freeborn?
To live comfortably in Freeborn (zip 56032), Minnesota, a minimum annual income of
$20,520 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Freeborn?
The cost of living in 56032 Freeborn, MN is quite reasonable considering its close proximity to larger cities. The median home price for this area is around $150,000, which is much less than the median home price of surrounding areas. With a lower cost of living, residents of this zip code enjoy low taxes and access to the same amenities as their more expensive neighbors. In addition to being affordable, there are many attractive amenities such as parks, public transportation, shopping centers, restaurants, and entertainment venues that make it a great place to live.