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

22 Jayvee LN

Garvin, MN

25 Lake Shetek Dr

Slayton, MN

76 Valhalla Rd

Slayton, MN

78 Valhalla 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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These are the largest cities in Minnesota

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.
Delaware Water Gap, PA	676	$330,090	1%
New Hebron, MS	676	$168,110	49%
Amherst, NH	676	$1,064,962	226%
Welch, OK	676	$151,261	54%
Elizabeth, LA	676	$118,128	64%
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.