Lakeland Housing Information - Census

IndexLakelandMinnesotaNational
Median home price$225,500$191,500$184,700
Median rent asked$1,192$873$949
Avg. people per household2.72.42.6
Owner occupied households93.8%71.4%63.6%
Renter occupied households6.3%28.6%36.4%

Lakeland Housing Information - Zillow

IndexLakelandMinnesotaNational
Zillow home value index$250,400$205,200$196,500
Year over year appreciation rate4.29%8.17%6.79%
5 year average appreciation rate5.50%6.58%5.28%
10 year average appreciation rate-0.11%-0.12%0.01%

Did you know?

  • The median home price in Lakeland is 22% higher than the national average.
  • The median rent asked in Lakeland is 26% higher than the national average.
  • The average number of people per household in Lakeland is 2% higher than the national average.
  • The number of owner occupied households in Lakeland is 47% higher than the national average.
  • The number of renter occupied households in Lakeland is 83% lower than the national average.

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Compare Lakeland, 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.
Landfall, MN793$13,20093%
Willernie, MN554$136,10026%
Somerset, WI2,686$140,60024%
New Richmond, WI8,687$147,80020%
Roberts, WI1,641$149,80019%
Lakeland, MN1,847$225,50022%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Westhampton Beach, NY1,847$696,500277%
Adams Center, NY1,847$109,80041%
Homer, MI1,846$74,50060%
Avon-by-the-Sea, NJ1,846$899,400387%
Lake City, TN1,848$65,20065%
Lakeland, MN1,847$225,50022%
Source: The Lakeland, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.