Similar to its nearby areas, it is a lot less expensive compared to the United States as a whole. Compared to the city of Jackson however, it is somewhat less expensive.
Home prices
Moorhead's median home cost is $64,100. Compared to its surrounding areas it is approximately $3,340 (4%) lower.It is roughly $153,400 (70%) lower in comparison to the US as a whole, and compared to the city of Jackson it is roughly $26,600 (29%) lower.
Rents
In Moorhead the median rent is $543 a month. It is roughly $84 (13%) lower in comparison to nearby areas.In comparison to the entire country it is roughly $519 (48%) lower, and it is approximately $304 (35%) lower in comparison to the city of Jackson.
Nearby places
Indianola
Indianola is about 7 miles west of Moorhead. The housing prices there are a bit more expensive. The median home in Indianola costs $76,400, which comes out to $12,300 (16%) higher than Moorhead. The rent there is a bit more expensive. Indianola's median rent is $693 a month, which works out to $150 (21%) higher than Moorhead.
Sunflower
Sunflower is about 7 miles north from Moorhead. Its real estate prices are similar. The median home in Sunflower costs $62,300, which works out to $1,800 (2%) lower than Moorhead. Rents there are a bit less expensive. Sunflower's median monthly rent is $479, which is $64 (13%) lower than Moorhead.
Inverness
Inverness is roughly 8 miles southwest from Moorhead. The real estate prices there are a bit more expensive. Inverness's median home value is $90,000, which works out to $25,900 (28%) higher than Moorhead. Rents there are somewhat more expensive. Inverness's median monthly rent is $713, which works out to $170 (23%) higher than Moorhead.
Morgan City
Morgan City is approximately 9 miles southeast from Moorhead. Housing prices there are a little less expensive. The cost of the median home in Morgan City is $53,300, which comes out to $10,800 (20%) lower than Moorhead. Rents there are a bit more expensive. The median rent in Morgan City is $667 a month, which comes out to $124 (18%) higher than Moorhead.
Itta Bena
Itta Bena is approximately 9 miles east of Moorhead. Housing prices there are somewhat less expensive. The median home in Itta Bena is valued at $55,200, which works out to $8,900 (16%) lower than Moorhead. Its rents are somewhat more expensive. The median monthly rent in Itta Bena is $582, which works out to $39 (6%) higher than Moorhead.
