A+
47%
Med. Home Val. NAT. AVG.
20%
Rent NAT. AVG.
31%
Owner Occ. NAT. AVG.

Lakefield Housing Information

IndexLakefieldMinnesotaNational
Median home price$98,800$191,500$184,700
Median rent asked$762$873$949
Avg. people per household2.12.42.6
Owner occupied households83.5%71.4%63.6%
Renter occupied households16.5%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 Lakefield is 47% lower than the national average.
  • The median rent asked in Lakefield is 20% lower than the national average.
  • The average number of people per household in Lakefield is 20% lower than the national average.
  • The number of owner occupied households in Lakefield is 31% higher than the national average.
  • The number of renter occupied households in Lakefield is 55% lower than the national average.

Most Affordable Places to Live in and Around Lakefield

See all the best places to live around Lakefield

Compare Lakefield, MN Housing

City Image
    City Default Image
      vs
      Compare Neighborhoods & Addresses Local Insights Report

      Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

      Local Insights Report
      How would you rate real estate in Lakefield?
      Write a review to give others more information about this area.
      How would you rate rentals in Lakefield?
      Write a review to give others more information about this area.
      See all Lakefield poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Wilder, MN36$9,99995%
      Dundee, MN72$44,30076%
      Alpha, MN162$57,70069%
      Heron Lake, MN701$76,50059%
      Brewster, MN550$99,00046%
      Lakefield, MN1,683$98,80047%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Mount Pulaski, IL1,683$107,00042%
      Cedar Bluff, AL1,683$102,40045%
      Houghton, NY1,683$118,90036%
      Oswego, KS1,683$62,50066%
      Rouse, CA1,684$168,5009%
      Lakefield, MN1,683$98,80047%
      Source: The Lakefield, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).