Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Diamond Lake area can be challenging. Home prices in Diamond Lake are now at a median cost of $353,215, higher than the Minneapolis average of $316,867.
The average cost of rent is $1,368/mo in Diamond Lake, primarily driven by the current value of real estate in the Diamond Lake area. While nearly 18.23% of residents own their homes outright in Diamond Lake, 10.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Diamond Lake is $10,682 per month. Households that rent pay about 12.81% of their income on rent here. Diamond Lake's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Hale, Minneapolis, MN: equally priced homes
- Windom, Minneapolis, MN: equally priced homes
- Minnehaha, Minneapolis, MN: less expensive homes
- Wenonah, Minneapolis, MN: less expensive homes
- Fuller Tangletown, Minneapolis, MN: higher priced homes
- Northrup, Minneapolis, MN: less expensive homes
- Kenny, Minneapolis, MN: equally priced homes
- Keewaydin, Minneapolis, MN: less expensive homes
- Lynnhurst, Minneapolis, MN: higher priced homes
- Ericsson, Minneapolis, MN: less expensive homes
Neighborhoods with Similar Populations
- Westowne, Catonsville, MD: less expensive homes
- Downtown Troy, Troy, MI: less expensive homes
- Sunset Hills, Lawrence, KS: less expensive homes
- Coronado, Kansas City, KS: less expensive homes
- Corbett, Tucson, AZ: less expensive homes
- Tippecanoe, Milwaukee, WI: less expensive homes
- Town of Lake, Milwaukee, WI: less expensive homes
- University Hills, Denver, CO: higher priced homes
- Brookland, Washington, DC: higher priced homes
- Verdugo Woodlands, Glendale, CA: higher priced homes
All Local Stats
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