
Home Price Key
These days, finding an affordable place to live in the Clear Lake area can be challenging. Home prices in Clear Lake are now at a median cost of $294,234, higher than the Minnesota average of $269,934.
The average cost of rent is $1,160/mo in Clear Lake, primarily driven by the current value of real estate in the Clear Lake area. While nearly 29.11% of residents own their homes outright in Clear Lake, 4.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Clear Lake is $8,333 per month. Households that rent pay about 13.91% of their income on rent here. Clear Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Santiago, MN: equally priced homes
- Becker, MN: equally priced homes
- Hasty, MN: equally priced homes
- Duelm, MN: less expensive homes
- Clearwater, MN: less expensive homes
- Orrock, MN: equally priced homes
- St. Augusta, MN: equally priced homes
- Popple Creek, MN: less expensive homes
- Silver Creek, MN: equally priced homes
- St. Cloud, MN: less expensive homes
Cities with Similar Populations
- Gobles, MI: less expensive homes
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- Waialua, HI: higher priced homes
- Wahoo, NE: less expensive homes
- New Lisbon, WI: less expensive homes
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