A+
58%
Med. Home Val. NAT. AVG.
40%
Rent NAT. AVG.
25%
Owner Occ. NAT. AVG.

Heron Lake Housing Information

IndexHeron LakeMinnesotaNational
Median home price$136,607$339,061$326,622
Median rent asked$869$1,332$1,444
Avg. people per household1.92.42.6
Owner occupied households79.7%71.4%63.6%
Renter occupied households20.3%28.6%36.4%
See Local Housing Trends Before You Buy! Local Insights Report
  • See home value trends within a small radius
  • Understand local market conditions near your address
  • Use detailed data to choose the right home
Local Insights Report

Housing Quick Facts

  • The median home price in Heron Lake is 58% lower than the national average.
  • The median rent asked in Heron Lake is 40% lower than the national average.
  • The average number of people per household in Heron Lake is 26% lower than the national average.
  • The number of owner occupied households in Heron Lake is 25% higher than the national average.
  • The number of renter occupied households in Heron Lake is 44% lower than the national average.

Most Affordable Places to Live in and Around Heron Lake

See all the best places to live around Heron Lake

Compare Heron Lake, MN Housing

City Image
    City Default Image
      vs
      How would you rate real estate in Heron Lake?
      Write a review to give others more information about this area.
      How would you rate rentals in Heron Lake?
      Write a review to give others more information about this area.
      See all Heron Lake poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Kinbrae, MN4$0100%
      Wilder, MN38$17,76995%
      Dundee, MN74$78,97776%
      Bingham Lake, MN137$145,70355%
      Brewster, MN565$176,60546%
      Heron Lake, MN729$136,60758%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Wheatfield, IN729$196,09940%
      Lawndale, NC729$102,30769%
      Edenburg, PA729$277,14615%
      Fairfield, OK729$195,61340%
      Stetsonville, WI729$222,92532%
      Heron Lake, MN729$136,60758%
      Source: The Heron Lake, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.