Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Itasca area can be challenging. Home prices in Lake Itasca are now at a median cost of $184,137, lower than the Minnesota average of $269,934.
The average cost of rent is $854/mo in Lake Itasca, primarily driven by the current value of real estate in the Lake Itasca area. While nearly 53.51% of residents own their homes outright in Lake Itasca, 5.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Itasca is $5,327 per month. Households that rent pay about 16.04% of their income on rent here. Lake Itasca's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Zerkel, MN: less expensive homes
- Lake George, MN: higher priced homes
- Solway, MN: equally priced homes
- Roy Lake, MN: less expensive homes
- Rice Lake, MN: less expensive homes
- Shevlin, MN: less expensive homes
- Wilton, MN: equally priced homes
- Laporte, MN: higher priced homes
- Ponsford, MN: higher priced homes
- Bagley, MN: less expensive homes
Cities with Similar Populations
- Rossland City, AL: less expensive homes
- Mesa Verde National Park, CO: higher priced homes
- Metcalf, IL: less expensive homes
- Metz, MI: less expensive homes
- Middle Water, TX: higher priced homes
- Rock Springs, NM: less expensive homes
- Rockport, MS: less expensive homes
- Rockview, MO: equally priced homes
- Rohrs, NE: less expensive homes
- Rolling Ground, WI: less expensive homes
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