Ready to explore Minnesotas most budget-friendly housing markets?
Below youll find detailed information about each town, current home values, historical pricing, and growth trends.
Northrop
Oriented within Martin Countys diverse landscape, Northrop attracts residents with its affordable housing market.
Home Stratosphere | Leaflet
Tyler
Developed in the western section of Lincoln County, Tyler showcases Minnesotas most affordable residential properties.
The home values in Tyler were $85,645 in 2015 and have reached $120,800 in 2025.
The home values in Freeborn were just $33,191 in 2015 and have skyrocketed to $119,463 in 2025.
Heron Lake
Settled in the quiet surroundings of Jackson County, Heron Lake offers incredible value for homebuyers.
The home values in Heron Lake were $45,174 in 2015 and have reached $115,101 in 2025.
Nashwauk
Positioned centrally within Itasca County, Nashwauk offers some of the states most accessible housing prices.
Morgan
Sheltered within Redwood Countys boundaries, Morgan presents some of Minnesotas most budget-friendly real estate.
The home values in Morgan were $53,071 in 2015 and have reached $114,006 in 2025.
This represents a significant 114.8% increase from 2015 to 2025, demonstrating strong appreciation while maintaining affordability.
Gilbert
Found in the northern part of Saint Louis County, Gilbert offers exceptional housing value.
Buhl
Situated among the natural wonders of Saint Louis County, Buhl stands as a beacon of housing affordability.
The home values in Buhl were $52,865 in 2015 and have reached $113,041 in 2025.
This represents a substantial 113.8% increase from 2015 to 2025, showing strong appreciation while remaining affordable.
The home values in Wheaton were $69,888 in 2015 and have reached $112,645 in 2025.
This represents a 61.2% increase from 2015 to 2025, showing steady appreciation while maintaining affordable pricing.
Biwabik
Based in Minnesotas Saint Louis County region, Biwabik shines as an affordable housing destination.
Soudan
Anchored in Saint Louis Countys landscape, Soudan presents remarkably affordable housing options for Minnesotans.
The home values in Soudan were $51,797 in 2015 and have reached $107,182 in 2025.
Hanska
Resting in Brown Countys central region, Hanska attracts those seeking affordable homeownership opportunities.
The home values in Hanska were $58,886 in 2015 and have reached $105,744 in 2025.
This represents a 79.6% increase from 2015 to 2025, showing solid appreciation while maintaining affordable prices.
The home values in Butterfield were $37,098 in 2015 and have reached $102,300 in 2025.
Chisholm
Bordered by the rolling hills of Saint Louis County, Chisholm provides budget-conscious buyers with attractive options.
Ceylon
Positioned in Martin County, Ceylon is a charming community with home values well below the state average.
Kiester
Set against the backdrop of Faribault Countys natural beauty, Kiester presents exceptional value for homebuyers.
The home values in Kiester have reached $91,408 in 2025.
Clarkfield
Tucked away in Yellow Medicine County, Clarkfield offers an affordable alternative to Minnesotas more expensive metro areas.
The home values in Balaton were $60,148 in 2015 and have reached $87,008 in 2025.
The home values in Lamberton have reached $79,589 in 2025.
Appleton
Situated in the picturesque Swift County, Appleton is a small community with remarkable affordability.
The home values in Appleton were $28,720 in 2015 and have reached $75,719 in 2025.
This represents a 163.6% increase from 2015 to 2025, showing strong appreciation while maintaining incredibly low prices.
Elmore
Nestled in the heart of Faribault County, Elmore offers the most affordable housing options in Minnesota.
