Home prices
The median home in Hugo is valued at $259,300. This is about $97,440 (27%) lower compared to the surrounding areas.In comparison to the rest of the nation it is roughly $41,800 (19%) higher, and is approximately $7,700 (3%) higher compared to the city of Minneapolis.
Rents
Hugo's median rent is $1,500 a month. This is approximately $303 (25%) higher compared to nearby areas.It is about $438 (41%) higher compared to the entire nation, and compared to the city of Minneapolis is approximately $473 (46%) higher.
Nearby places
Lino Lakes
Lino Lakes is Hugo's neighbor to the west. Its housing prices are a bit more expensive. The value of the median home in Lino Lakes is $293,100, which comes out to $33,800 (11%) higher than Hugo. Rents there are a little less expensive. Lino Lakes's median rent is $1,363 per month, which is $137 (10%) lower than Hugo.
Forest Lake
Forest Lake is Hugo's neighbor to the north. Its real estate prices are pretty similar. The cost of the median home in Forest Lake is $272,200, which works out to $12,900 (4%) higher than Hugo. Its rents are significantly less expensive. Forest Lake's median rent is $1,117 a month, which works out to $383 (34%) lower than Hugo.
Centerville
Centerville is about 3 miles west of Hugo. Its real estate prices are pretty similar. The median home cost in Centerville is $263,500, which works out to $4,200 (1%) higher than Hugo. Rent there is a bit less expensive. Centerville's median rent is $1,163 per month, which comes out to $337 (28%) lower than Hugo.
Dellwood
Dellwood is about 4 miles south from Hugo. Housing prices there are substantially more expensive. Dellwood's median home cost is $616,300, which comes out to $357,000 (57%) higher than Hugo. Its rents are significantly less expensive. The median monthly rent in Dellwood is $1,125, which is $375 (33%) lower than Hugo.
Mahtomedi
Mahtomedi is approximately 6 miles south of Hugo. Housing prices there are a little more expensive. The cost of the median home in Mahtomedi is $338,600, which is $79,300 (23%) higher than Hugo. Its rents are somewhat less expensive. In Mahtomedi the median rent is $1,216 a month, which comes out to $284 (23%) lower than Hugo.
