Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake George area can be challenging. Home prices in Lake George are now at a median cost of $240,856, lower than the Minnesota average of $269,934.
The average cost of rent is $765/mo in Lake George, primarily driven by the current value of real estate in the Lake George area. While nearly 43.10% of residents own their homes outright in Lake George, 6.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake George is $6,721 per month. Households that rent pay about 11.39% of their income on rent here. Lake George's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Laporte, MN: less expensive homes
- Lake Itasca, MN: less expensive homes
- Benedict, MN: less expensive homes
- Solway, MN: less expensive homes
- Dorset, MN: equally priced homes
- Akeley, MN: equally priced homes
- Park Rapids, MN: equally priced homes
- Wilton, MN: less expensive homes
- Nevis, MN: equally priced homes
- Farris, MN: less expensive homes
Cities with Similar Populations
- Witmer, PA: equally priced homes
- Hector, NY: less expensive homes
- Herman Center, WI: equally priced homes
- High Rolls Mountain Park, NM: less expensive homes
- Highsmiths, NC: less expensive homes
- Hilda, SC: less expensive homes
- Hillcrest, TX: equally priced homes
- Hillrose, CO: equally priced homes
- Hoard, TX: less expensive homes
- Wrights Corner, IL: less expensive homes
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