Cheapest Cities in Minnesota 2026 | Most Affordable Places to Buy

All Affordable Cities in Minnesota

#	City	Median Price	Days on Market	Months Supply	YoY Change
1	Funkley	$12K	81 days	—	N/A
2	Boy River	$18K	32 days	—	N/A
3	Garfield	$31K	9 days	1.0 mo	N/A
4	Taunton	$36K	6 days	—	N/A
5	Comfrey	$44K	3 days	1.0 mo	N/A
6	Evan	$46K	264 days	—	N/A
7	Ball Club	$60K	86 days	—	N/A
8	Canton	$65K	15 days	1.0 mo	N/A
9	Effie	$66K	53 days	2.0 mo	N/A
10	Vining	$66K	12 days	—	N/A
11	Marble	$70K	153 days	3.0 mo	N/A
12	Cass Lake	$73K	39 days	5.5 mo	N/A
13	Garvin	$73K	39 days	—	N/A
14	Lynd	$74K	29 days	1.0 mo	N/A
15	Cobden	$75K	5 days	—	N/A
16	Essig	$75K	60 days	—	N/A
17	Goodland	$75K	178 days	—	N/A
18	Lismore	$75K	86 days	—	N/A
19	Zemple	$75K	29 days	—	N/A
20	Bena	$78K	43 days	—	N/A
21	Myrtle	$80K	314 days	1.0 mo	N/A
22	Harris	$82K	101 days	2.0 mo	N/A
23	Hartland	$84K	72 days	—	N/A
24	Ceylon	$85K	8 days	—	N/A
25	Sargeant	$85K	6 days	—	N/A
26	Twin Lakes	$89K	30 days	—	N/A
27	Balaton	$90K	42 days	4.0 mo	N/A
28	Sunburg	$90K	10 days	1.0 mo	N/A
29	Kelliher	$92K	9 days	3.0 mo	N/A
30	Albany	$95K	37 days	5.0 mo	N/A
31	Fort Ripley	$95K	15 days	1.0 mo	N/A
32	Nashua	$97K	77 days	—	N/A
33	Ronneby	$97K	26 days	—	N/A
34	Freeborn	$100K	136 days	1.0 mo	N/A
35	Trimont	$100K	18 days	—	N/A
36	Taconite	$105K	34 days	2.0 mo	N/A
37	Le Roy	$105K	7 days	2.0 mo	N/A
38	Erhard	$108K	100 days	—	N/A
39	Waltham	$110K	14 days	—	N/A
40	Garrison	$118K	77 days	2.0 mo	N/A
41	Manchester	$118K	7 days	—	N/A
42	Carlos	$120K	129 days	2.0 mo	N/A
43	Rushford	$120K	51 days	1.0 mo	N/A
44	Truman	$120K	22 days	7.0 mo	N/A
45	Albert Lea	$123K	56 days	3.9 mo	-47.0%
46	Pillager	$125K	63 days	0.5 mo	N/A
47	Meire Grove	$126K	7 days	—	N/A
48	Adams	$128K	44 days	2.0 mo	N/A
49	Alden	$130K	48 days	4.0 mo	N/A
50	Deer Creek	$130K	29 days	1.0 mo	N/A
51	La Prairie	$132K	1 days	1.0 mo	N/A
52	Lyle	$133K	1 days	2.0 mo	N/A
53	Hayward	$133K	16 days	1.0 mo	N/A
54	Florence	$134K	190 days	—	N/A
55	Nashwauk	$134K	52 days	1.0 mo	N/A
56	Emmons	$135K	95 days	—	N/A
57	Springfield	$136K	117 days	2.5 mo	N/A
58	Welcome	$137K	18 days	2.5 mo	N/A
59	Fountain	$138K	14 days	—	N/A
60	Minneota	$138K	112 days	1.0 mo	N/A
61	Taopi	$139K	16 days	—	N/A
62	Whalan	$140K	13 days	—	N/A
63	Ellsworth	$140K	110 days	—	N/A
64	Lake Lillian	$140K	49 days	2.0 mo	N/A
65	Wilton	$140K	1 days	—	N/A
66	Kenyon	$141K	28 days	4.0 mo	N/A
67	Conger	$142K	10 days	—	N/A
68	Northrop	$142K	6 days	3.0 mo	N/A
69	New Germany	$143K	6 days	1.0 mo	N/A
70	Rothsay	$143K	22 days	1.0 mo	N/A
71	Falcon Heights	$145K	324 days	1.3 mo	N/A
72	Lansing	$145K	32 days	2.0 mo	N/A
73	Russell	$145K	8 days	1.0 mo	N/A
74	Bovey	$147K	17 days	0.5 mo	N/A
75	Hanska	$149K	8 days	—	N/A
76	Dent	$150K	29 days	—	N/A
77	Bigelow	$150K	36 days	—	N/A
78	Kilkenny	$150K	172 days	—	N/A
79	Parkers Prairie	$155K	40 days	1.5 mo	N/A
80	Calumet	$155K	43 days	1.0 mo	N/A
81	Ghent	$155K	2 days	—	N/A
82	Leota	$155K	6 days	—	N/A
83	Urbank	$155K	29 days	—	N/A
84	Brewster	$156K	94 days	0.5 mo	N/A
85	Deer River	$159K	85 days	1.0 mo	N/A
86	Elizabeth	$160K	55 days	2.0 mo	N/A
87	Greenwald	$160K	14 days	1.0 mo	N/A
88	Rose Creek	$160K	4 days	1.0 mo	N/A
89	Dunnell	$162K	3 days	2.0 mo	N/A
90	Sleepy Eye	$162K	2 days	1.6 mo	N/A
91	Henning	$163K	143 days	4.0 mo	N/A
92	Searles	$163K	19 days	—	N/A
93	Bemidji	$164K	32 days	11.3 mo	N/A
94	Altura	$165K	44 days	—	N/A
95	Dundee	$165K	242 days	—	N/A
96	Evansville	$165K	4 days	2.0 mo	N/A
97	Kinbrae	$165K	242 days	—	N/A
98	Onamia	$165K	76 days	2.0 mo	N/A
99	Turtle River	$165K	49 days	—	N/A
100	Tracy	$168K	34 days	2.7 mo	N/A

Affordable Housing in Minnesota

Looking for affordable housing in Minnesota? We've ranked 100 cities by median home price to help you find budget-friendly options. The most affordable city is Funkley with a median price of $12K.

Tips for Finding Affordable Homes

Look at smaller cities: Often have lower prices than metro areas
Consider commute times: Suburbs may offer better value
Check market trends: Some affordable areas are appreciating quickly
Work with a local agent: They know hidden gems and upcoming areas

Frequently Asked Questions

What are the cheapest cities to buy a house in Minnesota?

The most affordable cities in Minnesota are listed above, ranked by median home price. These markets offer entry points significantly below the state average, making homeownership accessible for first-time buyers, investors, and those relocating on a budget.

Is it worth buying a cheap house in Minnesota?

Affordable Minnesota cities can offer excellent value, especially for long-term residents and investors. Key factors to evaluate include local job market strength, school quality, crime rates, and future development plans. A local agent can help you distinguish between genuine value and areas with underlying issues.

Why are some Minnesota cities so much cheaper?

Lower home prices in certain Minnesota cities reflect factors like smaller population size, distance from major metro areas, limited amenities, or economic transitions. However, many affordable cities offer strong quality of life, growing economies, and appreciation potential that makes them smart buying opportunities.

What salary do I need to buy a house in Minnesota's cheapest cities?

In Minnesota's most affordable markets, a household income of $40,000-$60,000 may be sufficient to qualify for a mortgage, depending on the specific price point and current interest rates. Use the 28% rule: your monthly housing payment shouldn't exceed 28% of gross monthly income. A local agent and lender can pre-qualify you.

Are cheap houses in Minnesota a good investment?

Affordable properties can be excellent investments, especially in Minnesota cities with growing populations and economies. Look for markets with rising employment, infrastructure investment, and limited new housing supply. These factors often precede price appreciation, turning today's affordable market into tomorrow's growing one.

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