Housing in Lake Benton, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$194,015
Lake Benton vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Benton is highlighted.
Median Home Value
17th%ilemost expensive$91,900show rank
Median Rent
5th%ilemost expensive rent$550show rank
Rent Burden
11th%ilehighest rent burden12.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$91,900
Median Rent
$550
Total Housing Units
401
Vacancy Rate
16.2%
Owner Occupied
77.4%
Renter Occupied
22.6%
Median Property Tax
$1,094
per year
Monthly Cost (w/ Mortgage)
$764
Housing Types
Single Family83.8%
Multi-Family15.7%
Mobile Home0.5%
The median home value in Lake Benton, MN is $91,900. According to Zillow, the home value index for Lake Benton is $194,015. The median rent is $550 per month (Census ACS). About 77.4% of housing units are owner-occupied. The median year homes were built is 1961. There are 401 total housing units.