Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Howard Lake area can be challenging. Home prices in Howard Lake are now at a median cost of $243,419, lower than the Minnesota average of $269,934.
The average cost of rent is $904/mo in Howard Lake, primarily driven by the current value of real estate in the Howard Lake area. While nearly 35.50% of residents own their homes outright in Howard Lake, 19.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Howard Lake is $7,238 per month. Households that rent pay about 12.49% of their income on rent here. Howard Lake's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Waverly, MN: equally priced homes
- Cokato, MN: less expensive homes
- Rassat, MN: higher priced homes
- Winsted, MN: less expensive homes
- Montrose, MN: equally priced homes
- Stockholm, MN: higher priced homes
- West Albion, MN: higher priced homes
- Knapp, MN: higher priced homes
- Lamson, MN: higher priced homes
- French Lake, MN: higher priced homes
Cities with Similar Populations
- Charleston, MS: less expensive homes
- Charlotte, VT: higher priced homes
- Courtland, VA: less expensive homes
- Durham, ME: equally priced homes
- Eastsound, WA: higher priced homes
- Enterprise, MS: less expensive homes
- Franklin, TX: less expensive homes
- Goodview, MN: less expensive homes
- Granger, IA: higher priced homes
- Holland, NY: less expensive homes
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