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These days, finding an affordable place to live in the Dora Lake area can be challenging. Home prices in Dora Lake are now at a median cost of $215,300, lower than the Minnesota average of $345,793.
The average cost of rent is $888/mo in Dora Lake, primarily driven by the current value of real estate in the Dora Lake area. In Dora Lake, 6.12% of households rent, and 54.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dora Lake is $5,388 per month. Households that rent pay about 16.48% of their income on rent here. Dora Lake’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Max, MN: higher priced homes
- Wildwood, MN: less expensive homes
- Spring Lake, MN: equally priced homes
- Wirt, MN: equally priced homes
- Squaw Lake, MN: higher priced homes
- Northome, MN: less expensive homes
- Mizpah, MN: less expensive homes
- Talmoon, MN: higher priced homes
- Gemmell, MN: less expensive homes
- Inger, MN: equally priced homes
Cities with Similar Populations
- Ockley, IN: higher priced homes
- New Moore, TX: less expensive homes
- New Morgan, PA: higher priced homes
- Westwood, LA: less expensive homes
- New Trenton, IN: higher priced homes
- Newark, SD: less expensive homes
- Newtonburg, PA: less expensive homes
- Newville, CA: higher priced homes
- Niarada, MT: higher priced homes
- Nichols, KY: less expensive homes
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