The Lakes, MN Housing Statistics

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A+

70%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

50%

Owner Occ. NAT. AVG.

The Lakes Housing Information

Index	The Lakes	Minnesota	National
Median home price	$555,702	$339,061	$326,622
Median rent asked	$0	$1,332	$1,444
Avg. people per household	2.0	2.4	2.6
Owner occupied households	95.7%	71.4%	63.6%
Renter occupied households	4.3%	28.6%	36.4%

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Homes For Sale In The Lakes, MN

58 Valhalla Rd

Slayton, MN

52 Deer Path Rd

Tracy, MN

7 Robbins Dr

Tracy, MN

148 Pleasant View Rd

Slayton, MN

Housing Quick Facts

The median home price in The Lakes is 70% higher than the national average.
The median rent asked in The Lakes is 100% lower than the national average.
The average number of people per household in The Lakes is 25% lower than the national average.
The number of owner occupied households in The Lakes is 50% higher than the national average.
The number of renter occupied households in The Lakes is 88% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Hadley, MN	57	$0	100%
Dovray, MN	43	$70,525	78%
Avoca, MN	118	$71,773	78%
Currie, MN	192	$92,430	72%
Westbrook, MN	923	$96,522	70%
The Lakes, MN	676	$555,702	70%

Cities with similar population

	Population	Home Price	National Avg.
Homecroft, IN	676	$280,423	14%
Ona, FL	676	$0	100%
Hill City, MN	676	$144,719	56%
Paxton, FL	676	$207,629	36%
West Bend, IA	676	$205,098	37%
The Lakes, MN	676	$555,702	70%

Source: The The Lakes, 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.