Similar to other places in this area, it is a lot less expensive compared to the nation as a whole. It is a lot less expensive compared to the city of Fargo.
Home prices
The median home in Mahnomen is valued at $71,300. In comparison to other places in this area it is roughly $2,860 (4%) higher.Compared to the entire nation it is approximately $146,200 (67%) lower, and in comparison to the city of Fargo it is approximately $140,800 (66%) lower.
Rents
Mahnomen's median rent is $657 a month. It is about $118 (21%) higher compared to the surrounding areas.It is about $405 (38%) lower in comparison to the country as a whole, and in comparison to the city of Fargo it is roughly $166 (20%) lower.
Nearby places
Bejou
Bejou is roughly 7 miles north of Mahnomen. Its real estate prices are a little less expensive. The value of the median home in Bejou is $61,700, which comes out to $9,600 (15%) lower than Mahnomen. The rent there is a lot less expensive. In Bejou the median rent is $383 per month, which comes out to $274 (71%) lower than Mahnomen.
Waubun
Waubun is about 7 miles south of Mahnomen. Its real estate prices are pretty similar. The median home value in Waubun is $70,500, which is $800 (1%) lower than Mahnomen. Its rents are a little less expensive. Waubun's median rent is $613 a month, which works out to $44 (7%) lower than Mahnomen.
Twin Valley
Twin Valley is roughly 12 miles west from Mahnomen. Its real estate prices are somewhat less expensive. The median home in Twin Valley costs $65,000, which works out to $6,300 (9%) lower than Mahnomen. Rent there is fairly similar. In Twin Valley the median monthly rent is $630, which comes out to $27 (4%) lower than Mahnomen.
Ogema
Ogema is roughly 12 miles south of Mahnomen. Its housing prices are pretty similar. The value of the median home in Ogema is $71,700, which is very similar to Mahnomen. Rent there is a lot less expensive. In Ogema the median monthly rent is $433, which works out to $224 (51%) lower than Mahnomen.
Winger
Winger is about 13 miles north from Mahnomen. The real estate prices there are pretty similar. The median home in Winger costs $73,300, which is $2,000 (2%) higher than Mahnomen. Rents there are fairly similar. In Winger the median rent is $638 per month, which works out to $19 (2%) lower than Mahnomen.
