Elbow Lake Housing Information - Census

IndexElbow LakeMinnesotaNational
Median home price$74,600$191,500$184,700
Median rent asked$523$873$949
Avg. people per household2.12.42.6
Owner occupied households71.7%71.4%63.6%
Renter occupied households28.3%28.6%36.4%

Elbow Lake Housing Information - Zillow

IndexElbow LakeMinnesotaNational
Zillow home value indexn/a$205,200$196,500
Year over year appreciation raten/a8.17%6.79%
5 year average appreciation raten/a6.58%5.28%
10 year average appreciation raten/a-0.12%0.01%

Did you know?

  • The median home price in Elbow Lake is 60% lower than the national average.
  • The median rent asked in Elbow Lake is 45% lower than the national average.
  • The average number of people per household in Elbow Lake is 20% lower than the national average.
  • The number of owner occupied households in Elbow Lake is 13% higher than the national average.
  • The number of renter occupied households in Elbow Lake is 22% lower than the national average.

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Compare Elbow Lake, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Elbow Lake CDP, MN69$0100%
Norcross, MN37$45,00076%
Herman, MN394$62,10066%
Dalton, MN278$63,20066%
Wendell, MN97$66,40064%
Elbow Lake, MN1,261$74,60060%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Elmore, OH1,261$115,50037%
Mahnomen, MN1,261$66,00064%
Trappe, MD1,261$224,50022%
Hudson Lake, IN1,261$99,00046%
Goodhue, MN1,261$154,20017%
Elbow Lake, MN1,261$74,60060%
Source: The Elbow Lake, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.