Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Shore area can be challenging. Home prices in Lake Shore are now at a median cost of $349,117, higher than the Minnesota average of $269,934.
The average cost of rent is $947/mo in Lake Shore, primarily driven by the current value of real estate in the Lake Shore area. While nearly 41.94% of residents own their homes outright in Lake Shore, 12.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Shore is $5,974 per month. Households that rent pay about 15.86% of their income on rent here. Lake Shore's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Nisswa, MN: equally priced homes
- East Gull Lake, MN: less expensive homes
- Pequot Lakes, MN: less expensive homes
- Lake Hubert, MN: less expensive homes
- Jenkins, MN: less expensive homes
- Breezy Point, MN: less expensive homes
- Merrifield, MN: less expensive homes
- Baxter, MN: less expensive homes
- Sylvan, MN: less expensive homes
- Riverton, MN: less expensive homes
Cities with Similar Populations
- La Plata, NM: less expensive homes
- Mallory, WV: less expensive homes
- Waterford, ME: less expensive homes
- Welaka, FL: less expensive homes
- Lincolnville, SC: less expensive homes
- Lime Springs, IA: less expensive homes
- Lima Center, WI: less expensive homes
- Lehigh, ND: equally priced homes
- Leavenworth, IN: less expensive homes
- Laurel, NY: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood