Housing in Minnesota Lake, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$192,355
Minnesota Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Minnesota Lake is highlighted.
Median Home Value
33rd%ilemost expensive$126,600show rank
Median Rent
50th%ilemost expensive rent$950show rank
Rent Burden
47th%ilehighest rent burden18.1%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$126,600
Median Rent
$950
Total Housing Units
312
Vacancy Rate
4.2%
Owner Occupied
75.9%
Renter Occupied
24.1%
Median Property Tax
$1,382
per year
Monthly Cost (w/ Mortgage)
$762
Housing Types
Single Family92.6%
Multi-Family7.4%
Mobile Home0.0%
The median home value in Minnesota Lake, MN is $126,600. According to Zillow, the home value index for Minnesota Lake is $192,355. The median rent is $950 per month (Census ACS). About 75.9% of housing units are owner-occupied. The median year homes were built is 1962. There are 312 total housing units.