Is Nelson expensive?

Nelson, WI

State	Wisconsin
Population	340
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Nelson, WI

State

Population

340

In comparison to its nearby areas, Nelson is somewhat less expensive, and it's significantly less expensive compared to the US as a whole. Compared to the city of Minneapolis, it is a lot less expensive.

Home prices

Nelson's median home value is $123,000. In comparison to nearby areas this is about $25,660 (17%) lower.Compared to the rest of the country it is approximately $94,500 (43%) lower, and in comparison to the city of Minneapolis it is approximately $128,600 (51%) lower.

Minneapolis

United States

Lake City

Wabasha

Kellogg

Pepin

Alma

Nelson

Comparison of median Nelson home price to nearby areas

Distribution of home prices for Nelson and nearby areas

Rents

The median rent in Nelson is $581 per month. In comparison to the surrounding areas it is about $194 (25%) lower.Compared to the rest of the nation it is roughly $481 (45%) lower, and it is approximately $446 (43%) lower in comparison to the city of Minneapolis.

United States

Minneapolis

Kellogg

Lake City

Alma

Pepin

Wabasha

Nelson

Comparison of median Nelson rent to nearby areas

Distribution of rents for Nelson and nearby areas

Nearby places

Wabasha

Wabasha is about 3 miles southwest from Nelson. Its real estate prices are a bit more expensive. The value of the median home in Wabasha is $165,000, which comes out to $42,000 (25%) higher than Nelson. The rent there is a little more expensive. In Wabasha the median rent is $696 a month, which comes out to $115 (16%) higher than Nelson.

Pepin

Pepin is approximately 6 miles west from Nelson. The real estate prices there are a bit more expensive. Pepin's median home cost is $133,200, which comes out to $10,200 (7%) higher than Nelson. Rent there is a little more expensive. Pepin's median rent is $711 per month, which is $130 (18%) higher than Nelson.

Alma

Alma is about 6 miles southeast of Nelson. The housing prices there are a little more expensive. The median home cost in Alma is $130,100, which comes out to $7,100 (5%) higher than Nelson. Rents there are a bit more expensive. In Alma the median monthly rent is $760, which works out to $179 (23%) higher than Nelson.

Kellogg

Kellogg is about 7 miles south of Nelson. Real estate prices there are a bit more expensive. The value of the median home in Kellogg is $145,400, which works out to $22,400 (15%) higher than Nelson. The rent there is significantly more expensive. In Kellogg the median monthly rent is $863, which works out to $282 (32%) higher than Nelson.

Lake City

Lake City is about 11 miles west from Nelson. Its housing prices are somewhat more expensive. The median home in Lake City costs $169,600, which comes out to $46,600 (27%) higher than Nelson. Rent there is somewhat more expensive. The median monthly rent in Lake City is $845, which comes out to $264 (31%) higher than Nelson.