Home prices
Orono's median home cost is $680,100. In comparison to the surrounding areas it is about $186,140 (37%) higher.Compared to the US as a whole it is about $462,600 (212%) higher, and in comparison to the city of Minneapolis it is roughly $428,500 (170%) higher.
Rents
In Orono the median rent is $1,460 per month. It is about $43 (3%) higher compared to its surrounding areas.It is approximately $398 (37%) higher in comparison to the entire nation, and it is about $433 (42%) higher in comparison to the city of Minneapolis.
Nearby places
Long Lake
Long Lake is Orono's neighbor to the northeast. Its housing prices are significantly less expensive. The cost of the median home in Long Lake is $289,100, which is $391,000 (135%) lower than Orono. Rents there are significantly less expensive. In Long Lake the median rent is $961 a month, which comes out to $499 (51%) lower than Orono.
Spring Park
Spring Park is Orono's neighbor to the southwest. Housing prices there are substantially less expensive. The median home in Spring Park costs $425,000, which works out to $255,100 (60%) lower than Orono. Rents there are significantly less expensive. The median rent in Spring Park is $1,075 per month, which comes out to $385 (35%) lower than Orono.
Tonka Bay
Tonka Bay is Orono's neighbor to the south. The real estate prices there are pretty similar. The price of the median home in Tonka Bay is $661,400, which comes out to $18,700 (2%) lower than Orono. Rent there is somewhat more expensive. Tonka Bay's median rent is $1,667 a month, which works out to $207 (12%) higher than Orono.
Wayzata
Wayzata is Orono's neighbor to the east. Real estate prices there are a bit less expensive. Wayzata's median home cost is $523,600, which is $156,500 (29%) lower than Orono. The rent there is somewhat less expensive. The median monthly rent in Wayzata is $1,163, which works out to $297 (25%) lower than Orono.
Deephaven
Deephaven is Orono's neighbor to the southeast. The real estate prices there are a little less expensive. The price of the median home in Deephaven is $570,700, which is $109,400 (19%) lower than Orono. The rent there is substantially more expensive. In Deephaven the median rent is $2,219 a month, which works out to $759 (34%) higher than Orono.
