The Most Affordable Neighborhoods in Lagoona Beach, MN by Home Value

 

Lagoona Beach, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lagoona Beach area can be challenging. Home prices in Lagoona Beach are now at a median cost of $227,440, lower than the Minnesota average of $345,793.

The average cost of rent is $756/mo in Lagoona Beach, primarily driven by the current value of real estate in the Lagoona Beach area. In Lagoona Beach, 14.39% of households rent, and 61.48% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lagoona Beach is $6,606 per month. Households that rent pay about 11.45% of their income on rent here. Lagoona Beach’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.


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