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These days, finding an affordable place to live in the Lake Crystal area can be challenging. Home prices in Lake Crystal are now at a median cost of $222,101, lower than the Minnesota average of $345,793.
The average cost of rent is $934/mo in Lake Crystal, primarily driven by the current value of real estate in the Lake Crystal area. In Lake Crystal, 16.66% of households rent, and 35.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Crystal is $7,455 per month. Households that rent pay about 12.52% of their income on rent here. Lake Crystal’s most expensive areas are in the southwestern 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
- Garden City, MN: higher priced homes
- Judson, MN: higher priced homes
- Rapidan, MN: higher priced homes
- Skyline, MN: higher priced homes
- Madelia, MN: less expensive homes
- Good Thunder, MN: higher priced homes
- North Mankato, MN: higher priced homes
- Vernon Center, MN: less expensive homes
- Nicollet, MN: higher priced homes
- Courtland, MN: higher priced homes
Cities with Similar Populations
- South Vienna, OH: equally priced homes
- Graysville, TN: less expensive homes
- Haskell, TX: less expensive homes
- Hawthorne, NV: less expensive homes
- Helena Valley Northeast, MT: higher priced homes
- Juneau, WI: equally priced homes
- Laton, CA: higher priced homes
- Robert, LA: higher priced homes
- Sabetha, KS: less expensive homes
- Andrews, NC: less expensive homes
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