Much like its surrounding areas, it's substantially less expensive compared to the entire country. Compared to the city of Minneapolis, it is a lot less expensive.
Home prices
The median home in Prairie Farm is valued at $87,800. Compared to its surrounding areas this is roughly $1,840 (2%) lower.It is about $129,700 (59%) lower in comparison to the nation as a whole, and it is roughly $163,800 (65%) lower compared to the city of Minneapolis.
Rents
In Prairie Farm the median rent is $594 a month. This is approximately $75 (11%) lower compared to its surrounding areas.Compared to the entire nation it is roughly $468 (44%) lower, and it is about $433 (42%) lower compared to the city of Minneapolis.
Nearby places
Ridgeland
Ridgeland is about 4 miles southeast from Prairie Farm. The housing prices there are a bit less expensive. The median home cost in Ridgeland is $72,500, which works out to $15,300 (21%) lower than Prairie Farm. Its rents are fairly similar. The median monthly rent in Ridgeland is $583, which works out to $11 (1%) lower than Prairie Farm.
Dallas
Dallas is about 6 miles east of Prairie Farm. Housing prices there are similar. The price of the median home in Dallas is $86,000, which comes out to $1,800 (2%) lower than Prairie Farm. Its rents are a bit more expensive. The median monthly rent in Dallas is $753, which works out to $159 (21%) higher than Prairie Farm.
Clayton
Clayton is roughly 9 miles northwest of Prairie Farm. Its housing prices are a bit more expensive. The median home in Clayton costs $113,000, which comes out to $25,200 (22%) higher than Prairie Farm. Its rents are somewhat more expensive. The median monthly rent in Clayton is $806, which works out to $212 (26%) higher than Prairie Farm.
Almena
Almena is approximately 11 miles north of Prairie Farm. Housing prices there are pretty similar. The median home in Almena costs $86,700, which is $1,100 (1%) lower than Prairie Farm. Rent there is a little more expensive. Almena's median rent is $688 a month, which comes out to $94 (13%) higher than Prairie Farm.
Barron
Barron is approximately 11 miles northeast from Prairie Farm. Housing prices there are fairly similar. The median home in Barron is valued at $90,000, which is $2,200 (2%) higher than Prairie Farm. Rents there are a little less expensive. Barron's median monthly rent is $515, which is $79 (15%) lower than Prairie Farm.
