Madison Lake, MN Housing Statistics

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12%

Med. Home Val. NAT. AVG.

23%

Rent NAT. AVG.

11%

Owner Occ. NAT. AVG.

Madison Lake Housing Information

Index	Madison Lake	Minnesota	National
Median home price	$366,091	$339,061	$326,622
Median rent asked	$1,111	$1,332	$1,444
Avg. people per household	2.2	2.4	2.6
Owner occupied households	70.7%	71.4%	63.6%
Renter occupied households	29.3%	28.6%	36.4%

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Homes For Sale In Madison Lake, MN

6218 Shamrock Dr

Madison Lake, MN

114 E Bay Dr

Madison Lake, MN

709 Tomahawk Ct

Madison Lake, MN

4426 Washington Blvd

Madison Lake, MN

Housing Quick Facts

The median home price in Madison Lake is 12% higher than the national average.
The median rent asked in Madison Lake is 23% lower than the national average.
The average number of people per household in Madison Lake is 17% lower than the national average.
The number of owner occupied households in Madison Lake is 11% higher than the national average.
The number of renter occupied households in Madison Lake is 19% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Kilkenny, MN	123	$195,580	40%
Kasota, MN	755	$234,965	28%
Pemberton, MN	265	$238,960	27%
Waterville, MN	1,898	$243,285	26%
Le Center, MN	2,727	$245,166	25%
Madison Lake, MN	1,106	$366,091	12%

Cities with similar population

	Population	Home Price	National Avg.
Keedysville, MD	1,106	$555,506	70%
Satanta, KS	1,106	$147,636	55%
Woodville, AL	1,106	$176,920	46%
Fifth Ward, LA	1,106	$230,518	29%
Ames, TX	1,106	$130,667	60%
Madison Lake, MN	1,106	$366,091	12%

Source: The Madison 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.