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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 $386,682, higher than the Minnesota average of $345,793.
The average cost of rent is $1,254/mo in Clear Lake, primarily driven by the current value of real estate in the Clear Lake area. In Clear Lake, 2.82% of households rent, and 32.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clear Lake is $10,054 per month. Households that rent pay about 12.48% of their income on rent here. Clear Lake’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Santiago, MN: equally priced homes
- Becker, MN: less expensive homes
- Hasty, MN: equally priced homes
- Duelm, MN: equally priced homes
- Clearwater, MN: less expensive homes
- Orrock, MN: equally priced homes
- St. Augusta, MN: higher priced homes
- Popple Creek, MN: equally priced homes
- Silver Creek, MN: higher priced homes
- St. Cloud, MN: less expensive homes
Cities with Similar Populations
- Gobles, MI: less expensive homes
- Bellevue, KY: less expensive homes
- Bellevue, MI: less expensive homes
- Bernville, PA: less expensive homes
- Bethany, CT: higher priced homes
- Bethpage, TN: less expensive homes
- Beulaville, NC: less expensive homes
- Waialua, HI: higher priced homes
- Wahoo, NE: less expensive homes
- New Lisbon, WI: less expensive homes
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