Much like its surrounding areas, it is significantly less expensive compared to the entire country. Compared to the city of Minneapolis, it's significantly less expensive.
Home prices
The median home in Willow River costs $123,500. In comparison to its surrounding areas it is about $5,340 (4%) higher.In comparison to the nation as a whole it is approximately $94,000 (43%) lower, and is approximately $128,100 (50%) lower compared to the city of Minneapolis.
Rents
The median monthly rent in Willow River is $740. It is about $87 (13%) higher in comparison to nearby areas.It is roughly $322 (30%) lower in comparison to the rest of the nation, and in comparison to the city of Minneapolis is roughly $287 (27%) lower.
Nearby places
Sturgeon Lake
Sturgeon Lake is roughly 4 miles north from Willow River. Housing prices there are somewhat more expensive. The median home in Sturgeon Lake is valued at $135,200, which is $11,700 (8%) higher than Willow River. Rents there are somewhat more expensive. The median monthly rent in Sturgeon Lake is $850, which is $110 (12%) higher than Willow River.
Rutledge
Rutledge is approximately 4 miles south of Willow River. The real estate prices there are a little less expensive. The median home in Rutledge costs $106,300, which is $17,200 (16%) lower than Willow River. Rent there is a little more expensive. The median rent in Rutledge is $792 a month, which comes out to $52 (6%) higher than Willow River.
Finlayson
Finlayson is roughly 7 miles southwest from Willow River. Its real estate prices are similar. The median home in Finlayson costs $118,800, which works out to $4,700 (3%) lower than Willow River. The rent there is a bit less expensive. The median rent in Finlayson is $568 a month, which works out to $172 (30%) lower than Willow River.
Moose Lake
Moose Lake is about 8 miles north from Willow River. The real estate prices there are similar. Moose Lake's median home value is $122,900, which is very similar to Willow River. Its rents are a bit less expensive. The median rent in Moose Lake is $699 per month, which comes out to $41 (5%) lower than Willow River.
Askov
Askov is about 8 miles south from Willow River. Its housing prices are a bit less expensive. The cost of the median home in Askov is $107,600, which is $15,900 (14%) lower than Willow River. Its rents are significantly less expensive. Askov's median rent is $358 per month, which comes out to $382 (106%) lower than Willow River.
