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These days, finding an affordable place to live in the Cass Lake area can be challenging. Home prices in Cass Lake are now at a median cost of $174,031, lower than the Minnesota average of $345,793.
The average cost of rent is $801/mo in Cass Lake, primarily driven by the current value of real estate in the Cass Lake area. In Cass Lake, 33.24% of households rent, and 55.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cass Lake is $5,359 per month. Households that rent pay about 14.95% of their income on rent here. Cass Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Farris, MN: higher priced homes
- Pennington, MN: higher priced homes
- Laporte, MN: higher priced homes
- Schley, MN: equally priced homes
- Turtle River, MN: higher priced homes
- Benedict, MN: higher priced homes
- Bemidji, MN: higher priced homes
- Wilton, MN: higher priced homes
- Bena, MN: equally priced homes
- Walker, MN: higher priced homes
Cities with Similar Populations
- George, WA: higher priced homes
- West Falls, NY: higher priced homes
- Breckenridge, MI: less expensive homes
- Brookneal, VA: less expensive homes
- Campbell, NY: less expensive homes
- Valliant, OK: less expensive homes
- Twisp, WA: higher priced homes
- East Hampstead, NH: higher priced homes
- Dry Branch, GA: less expensive homes
- Moweaqua, IL: less expensive homes
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