Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake of the Woods County area can be challenging. Home prices in Lake of the Woods County are now at a median cost of $213,610, lower than the Minnesota average of $269,934.
The average cost of rent is $702/mo in Lake of the Woods County, primarily driven by the current value of real estate in the Lake of the Woods County area. While nearly 62.85% of residents own their homes outright in Lake of the Woods County, 11.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake of the Woods County is $4,947 per month. Households that rent pay about 14.19% of their income on rent here. Lake of the Woods County's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the county.
Nearby Counties
- Roseau County, MN: less expensive homes
- Koochiching County, MN: less expensive homes
- Marshall County, MN: less expensive homes
- Kittson County, MN: less expensive homes
- Pembina County, ND: less expensive homes
- Walsh County, ND: less expensive homes
- Cavalier County, ND: less expensive homes
- Towner County, ND: less expensive homes
- Rolette County, ND: less expensive homes
- Pierce County, ND: less expensive homes
Counties with Similar Populations
- Pocahontas County, IA: less expensive homes
- Lane County, KS: less expensive homes
- Lanier County, GA: less expensive homes
- Lee County, KY: less expensive homes
- Petroleum County, MT: less expensive homes
- Pickett County, TN: less expensive homes
- Pierce County, NE: less expensive homes
- Pike County, IN: less expensive homes
- Pipestone County, MN: less expensive homes
- Piute County, UT: equally priced homes
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