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These days, finding an affordable place to live in the French Lake area can be challenging. Home prices in French Lake are now at a median cost of $414,326, higher than the Minnesota average of $345,793.
The average cost of rent is $1,550/mo in French Lake, primarily driven by the current value of real estate in the French Lake area. In French Lake, 2.94% of households rent, and 31.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in French Lake is $8,503 per month. Households that rent pay about 18.23% of their income on rent here. French Lake’s most expensive areas are in the northern 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
- West Albion, MN: less expensive homes
- Knapp, MN: less expensive homes
- Annandale, MN: less expensive homes
- Kingston, MN: less expensive homes
- South Haven, MN: less expensive homes
- Cokato, MN: less expensive homes
- Maple Lake, MN: less expensive homes
- Dassel, MN: less expensive homes
- Kimball, MN: less expensive homes
- Rassat, MN: equally priced homes
Cities with Similar Populations
- Kindrick, VA: less expensive homes
- Sunnyhill, TN: less expensive homes
- Sunnydale, KS: less expensive homes
- Sun River, MT: less expensive homes
- Summit, SC: less expensive homes
- Strawtown, IN: less expensive homes
- Stough, AL: less expensive homes
- Stony Prairie, OH: less expensive homes
- Sterling Forest, NY: equally priced homes
- Knob Lick, MO: less expensive homes
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