Similar to other places in this area, it is a lot less expensive compared to the country as a whole. Compared to the city of Minneapolis, it is substantially less expensive.
Home prices
The median home in Kimball is valued at $140,900. Compared to the surrounding areas this is approximately $6,620 (4%) higher.Compared to the country as a whole it is approximately $76,600 (35%) lower, and compared to the city of Minneapolis it is about $110,700 (43%) lower.
Rents
Kimball's median monthly rent is $606. Compared to the surrounding areas this is roughly $112 (15%) lower.It is about $456 (42%) lower in comparison to the nation as a whole, and in comparison to the city of Minneapolis it is roughly $421 (40%) lower.
Nearby places
South Haven
South Haven is approximately 3 miles east from Kimball. Its real estate prices are a little less expensive. The median home value in South Haven is $121,300, which works out to $19,600 (16%) lower than Kimball. The rent there is significantly more expensive. The median monthly rent in South Haven is $1,000, which comes out to $394 (39%) higher than Kimball.
Fairhaven
Fairhaven is about 4 miles east from Kimball. Its housing prices are a bit more expensive. Fairhaven's median home value is $157,700, which comes out to $16,800 (10%) higher than Kimball. The rent there is substantially more expensive. The median rent in Fairhaven is $927 a month, which comes out to $321 (34%) higher than Kimball.
Watkins
Watkins is about 4 miles west from Kimball. The real estate prices there are significantly less expensive. The median home cost in Watkins is $99,700, which comes out to $41,200 (41%) lower than Kimball. Rent there is somewhat less expensive. In Watkins the median rent is $492 per month, which comes out to $114 (23%) lower than Kimball.
Kingston
Kingston is approximately 7 miles south of Kimball. Housing prices there are somewhat less expensive. The median home in Kingston costs $120,600, which is $20,300 (16%) lower than Kimball. The rent there is pretty similar. The median rent in Kingston is $600 per month, which works out to $6 (1%) lower than Kimball.
Annandale
Annandale is approximately 8 miles southeast from Kimball. Its real estate prices are somewhat more expensive. The cost of the median home in Annandale is $172,100, which is $31,200 (18%) higher than Kimball. Rent there is somewhat less expensive. The median monthly rent in Annandale is $572, which comes out to $34 (5%) lower than Kimball.
