Housing in The Lakes, MN

Home values, rent, ownership rates, and housing market data

The Lakes vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. The Lakes is highlighted.

Median Home Value

83rd%ilemost expensive$391,900show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$391,900

Median Rent

N/A

Total Housing Units

780

Vacancy Rate

56.4%

Owner Occupied

94.4%

Renter Occupied

5.6%

Median Property Tax

$2,821

per year

Monthly Cost (w/ Mortgage)

$1,210

Housing Types

Single Family

93.7%

Multi-Family

2.7%

Mobile Home

3.6%

The median home value in The Lakes, MN is $391,900. About 94.4% of housing units are owner-occupied. The median year homes were built is 1984. There are 780 total housing units.