Similar to other places in this area, it is a lot less expensive compared to the rest of the nation. It's a lot less expensive compared to the city of St. Cloud.
Home prices
The median home in Hector costs $81,900. In comparison to other places in this area this is roughly $4,300 (4%) lower.It is approximately $135,600 (62%) lower in comparison to the nation as a whole, and compared to the city of St. Cloud it is roughly $73,600 (47%) lower.
Rents
The median rent in Hector is $817 a month. This is approximately $210 (34%) higher in comparison to its surrounding areas.It is about $245 (23%) lower in comparison to the entire nation, and in comparison to the city of St. Cloud is roughly $15 (1%) higher.
Nearby places
Buffalo Lake
Buffalo Lake is roughly 3 miles east of Hector. The housing prices there are somewhat more expensive. The median home cost in Buffalo Lake is $92,400, which comes out to $10,500 (11%) higher than Hector. The rent there is substantially less expensive. In Buffalo Lake the median rent is $539 per month, which works out to $278 (51%) lower than Hector.
Bird Island
Bird Island is approximately 7 miles west from Hector. Real estate prices there are a bit less expensive. The median home in Bird Island is valued at $77,600, which is $4,300 (5%) lower than Hector. Rents there are a lot less expensive. The median monthly rent in Bird Island is $534, which comes out to $283 (52%) lower than Hector.
Stewart
Stewart is roughly 9 miles east of Hector. Real estate prices there are a little less expensive. The median home in Stewart is valued at $68,400, which comes out to $13,500 (19%) lower than Hector. The rent there is a little less expensive. In Stewart the median monthly rent is $638, which is $179 (28%) lower than Hector.
Olivia
Olivia is about 12 miles west from Hector. The housing prices there are substantially more expensive. The median home value in Olivia is $122,500, which works out to $40,600 (33%) higher than Hector. Its rents are a little less expensive. The median monthly rent in Olivia is $696, which comes out to $121 (17%) lower than Hector.
Cosmos
Cosmos is approximately 12 miles north of Hector. Housing prices there are somewhat less expensive. The median home in Cosmos is valued at $70,100, which works out to $11,800 (16%) lower than Hector. Its rents are somewhat less expensive. The median rent in Cosmos is $627 per month, which is $190 (30%) lower than Hector.
