Similar to other places in this area, it's a bit more expensive compared to the rest of the country. However it's a lot more expensive compared to the city of St. Cloud.
Home prices
The median home price in Nisswa is $249,800. In comparison to nearby areas this is about $9,740 (3%) lower.It is roughly $32,300 (14%) higher in comparison to the US as a whole, and compared to the city of St. Cloud is roughly $94,300 (60%) higher.
Rents
The median rent in Nisswa is $990 a month. Compared to other places in this area it is roughly $75 (8%) higher.In comparison to the US as a whole it is about $72 (6%) lower, and compared to the city of St. Cloud is about $188 (23%) higher.
Nearby places
Lake Shore
Lake Shore is Nisswa's neighbor to the west. Its real estate prices are a lot more expensive. The median home price in Lake Shore is $376,000, which works out to $126,200 (33%) higher than Nisswa. Rents there are a bit less expensive. Lake Shore's median rent is $780 a month, which is $210 (26%) lower than Nisswa.
Pequot Lakes
Pequot Lakes is Nisswa's neighbor to the north. The real estate prices there are significantly less expensive. The value of the median home in Pequot Lakes is $164,000, which is $85,800 (52%) lower than Nisswa. Its rents are significantly less expensive. Pequot Lakes's median monthly rent is $672, which works out to $318 (47%) lower than Nisswa.
East Gull Lake
East Gull Lake is roughly 6 miles south from Nisswa. The real estate prices there are a bit more expensive. The median home cost in East Gull Lake is $344,400, which comes out to $94,600 (27%) higher than Nisswa. Its rents are a little more expensive. In East Gull Lake the median rent is $1,074 per month, which works out to $84 (7%) higher than Nisswa.
Breezy Point
Breezy Point is approximately 7 miles northeast of Nisswa. The housing prices there are fairly similar. The median home price in Breezy Point is $250,800, which is very similar to Nisswa. Rent there is somewhat more expensive. The median monthly rent in Breezy Point is $1,288, which works out to $298 (23%) higher than Nisswa.
Jenkins
Jenkins is about 9 miles north from Nisswa. Its housing prices are significantly less expensive. The median home price in Jenkins is $162,500, which works out to $87,300 (53%) lower than Nisswa. The rent there is a little less expensive. In Jenkins the median rent is $763 per month, which works out to $227 (29%) lower than Nisswa.
