Home prices
Zimmerman's median home value is $187,500. Compared to other places in this area it is about $50,220 (21%) lower.It is approximately $30,000 (13%) lower compared to the nation as a whole, and it is approximately $64,100 (25%) lower compared to the city of Minneapolis.
Rents
Zimmerman's median rent is $1,213 per month. In comparison to nearby areas this is approximately $60 (5%) higher.It is approximately $151 (14%) higher compared to the United States as a whole, and it is roughly $186 (18%) higher in comparison to the city of Minneapolis.
Nearby places
Elk River
Elk River is approximately 6 miles south from Zimmerman. Housing prices there are somewhat more expensive. The price of the median home in Elk River is $241,400, which comes out to $53,900 (22%) higher than Zimmerman. The rent there is a little less expensive. Elk River's median rent is $1,036 per month, which works out to $177 (17%) lower than Zimmerman.
Princeton
Princeton is roughly 7 miles north from Zimmerman. Housing prices there are substantially less expensive. Princeton's median home price is $141,500, which works out to $46,000 (32%) lower than Zimmerman. Its rents are substantially less expensive. Princeton's median monthly rent is $675, which works out to $538 (79%) lower than Zimmerman.
Nowthen
Nowthen is roughly 8 miles southeast from Zimmerman. The housing prices there are significantly more expensive. The median home in Nowthen costs $329,600, which is $142,100 (43%) higher than Zimmerman. Rents there are somewhat more expensive. Nowthen's median rent is $1,607 per month, which works out to $394 (24%) higher than Zimmerman.
St. Francis
St. Francis is about 8 miles east from Zimmerman. Housing prices there are somewhat more expensive. St. Francis's median home cost is $214,500, which is $27,000 (12%) higher than Zimmerman. Its rents are somewhat less expensive. The median rent in St. Francis is $1,084 a month, which comes out to $129 (11%) lower than Zimmerman.
Otsego
Otsego is about 11 miles south from Zimmerman. Housing prices there are a bit more expensive. The median home in Otsego is valued at $261,600, which works out to $74,100 (28%) higher than Zimmerman. Its rents are somewhat more expensive. The median rent in Otsego is $1,362 a month, which comes out to $149 (10%) higher than Zimmerman.
