Home prices
The median home in Alma is valued at $130,100. Compared to other places in this area this is roughly $9,020 (6%) lower.It is approximately $87,400 (40%) lower in comparison to the entire nation, and compared to the city of St. Paul it is approximately $77,900 (37%) lower.
Rents
Alma's median monthly rent is $760. Compared to its surrounding areas it is about $51 (7%) higher.Compared to the entire country it is about $302 (28%) lower, and is about $208 (21%) lower in comparison to the city of St. Paul.
Nearby places
Kellogg
Kellogg is about 3 miles southwest from Alma. Its housing prices are a bit more expensive. The median home in Kellogg is valued at $145,400, which is $15,300 (10%) higher than Alma. Rents there are a little more expensive. The median rent in Kellogg is $863 per month, which is $103 (11%) higher than Alma.
Wabasha
Wabasha is approximately 5 miles northwest of Alma. Its real estate prices are a little more expensive. Wabasha's median home price is $165,000, which works out to $34,900 (21%) higher than Alma. Its rents are a bit less expensive. In Wabasha the median rent is $696 per month, which comes out to $64 (9%) lower than Alma.
Nelson
Nelson is approximately 6 miles northwest of Alma. Housing prices there are somewhat less expensive. The cost of the median home in Nelson is $123,000, which comes out to $7,100 (5%) lower than Alma. Rent there is a bit less expensive. In Nelson the median monthly rent is $581, which is $179 (30%) lower than Alma.
Buffalo City
Buffalo City is about 7 miles south of Alma. The housing prices there are somewhat more expensive. The price of the median home in Buffalo City is $152,600, which is $22,500 (14%) higher than Alma. Rents there are a little more expensive. Buffalo City's median monthly rent is $1,011, which comes out to $251 (24%) higher than Alma.
Cochrane
Cochrane is about 7 miles southeast from Alma. Its real estate prices are somewhat less expensive. The price of the median home in Cochrane is $109,600, which comes out to $20,500 (18%) lower than Alma. Rents there are significantly less expensive. The median rent in Cochrane is $394 per month, which comes out to $366 (92%) lower than Alma.