Lake Elmo, MN Housing Statistics

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137%

Med. Home Val. NAT. AVG.

28%

Rent NAT. AVG.

46%

Owner Occ. NAT. AVG.

Lake Elmo Housing Information

Index	Lake Elmo	Minnesota	National
Median home price	$774,270	$339,061	$326,622
Median rent asked	$1,852	$1,332	$1,444
Avg. people per household	2.6	2.4	2.6
Owner occupied households	92.6%	71.4%	63.6%
Renter occupied households	7.4%	28.6%	36.4%

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Homes For Sale In Lake Elmo, MN

3590 Laverne Ave N

Lake Elmo, MN

7831 50th St N

Lake Elmo, MN

4009 Kindred Way

Lake Elmo, MN

2891 Legion Ave N

Lake Elmo, MN

Housing Quick Facts

The median home price in Lake Elmo is 137% higher than the national average.
The median rent asked in Lake Elmo is 28% higher than the national average.
The average number of people per household in Lake Elmo is equal to the national average.
The number of owner occupied households in Lake Elmo is 46% higher than the national average.
The number of renter occupied households in Lake Elmo is 80% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Houlton, WI	109	$0	100%
Landfall, MN	819	$22,997	93%
South End, MN	66	$79,915	76%
St. Anthony city (Stearns County), MN	108	$142,597	56%
Somerset, WI	2,931	$332,957	2%
Lake Elmo, MN	9,402	$774,270	137%

Cities with similar population

	Population	Home Price	National Avg.
Wagoner, OK	9,400	$194,191	41%
Rochelle, IL	9,400	$206,422	37%
Lake Mohawk, NJ	9,397	$619,625	90%
Warren, PA	9,397	$147,744	55%
Haiku-Pauwela, HI	9,392	$1,537,803	371%
Lake Elmo, MN	9,402	$774,270	137%

Source: The Lake Elmo, 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.