The Most Affordable Neighborhoods in Lake Crystal, MN by Home Value

 

Lake Crystal, MN Map of Most Affordable Neighborhoods
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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 $178,628, lower than the Minnesota average of $269,934.

The average cost of rent is $763/mo in Lake Crystal, primarily driven by the current value of real estate in the Lake Crystal area. While nearly 39.84% of residents own their homes outright in Lake Crystal, 19.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Crystal is $6,102 per month. Households that rent pay about 12.51% of their income on rent here. Lake Crystal's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.


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