Home prices
The cost of the median home in New Auburn is $93,300. It is about $32,620 (25%) lower in comparison to the surrounding areas.Compared to the US as a whole it is roughly $124,200 (57%) lower, and it is roughly $158,300 (62%) lower compared to the city of Minneapolis.
Rents
In New Auburn the median rent is $620 per month. In comparison to the surrounding areas this is approximately $78 (11%) lower.Compared to the nation as a whole it is about $442 (41%) lower, and compared to the city of Minneapolis it is approximately $407 (39%) lower.
Nearby places
Brownton
Brownton is roughly 6 miles northwest of New Auburn. The real estate prices there are a little less expensive. The median home in Brownton costs $87,700, which works out to $5,600 (6%) lower than New Auburn. Rents there are somewhat less expensive. The median rent in Brownton is $563 per month, which is $57 (10%) lower than New Auburn.
Glencoe
Glencoe is approximately 6 miles northeast of New Auburn. The housing prices there are a lot more expensive. Glencoe's median home value is $147,300, which comes out to $54,000 (36%) higher than New Auburn. The rent there is somewhat more expensive. The median monthly rent in Glencoe is $689, which is $69 (10%) higher than New Auburn.
Gaylord
Gaylord is about 7 miles south from New Auburn. Its real estate prices are a little more expensive. The median home in Gaylord costs $123,100, which is $29,800 (24%) higher than New Auburn. Rent there is similar. Gaylord's median rent is $646 per month, which is $26 (4%) higher than New Auburn.
Arlington
Arlington is approximately 7 miles southeast from New Auburn. Its housing prices are a little more expensive. The price of the median home in Arlington is $131,600, which works out to $38,300 (29%) higher than New Auburn. Its rents are a little more expensive. In Arlington the median monthly rent is $714, which works out to $94 (13%) higher than New Auburn.
Green Isle
Green Isle is roughly 9 miles east of New Auburn. Its real estate prices are significantly more expensive. Green Isle's median home cost is $139,900, which works out to $46,600 (33%) higher than New Auburn. Its rents are somewhat more expensive. In Green Isle the median rent is $879 per month, which comes out to $259 (29%) higher than New Auburn.