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Affordable
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These days, finding an affordable place to live in the Lakeland Shores area can be challenging. Home prices in Lakeland Shores are now at a median cost of $415,400, higher than the Minnesota average of $345,793.
The average cost of rent is $1,691/mo in Lakeland Shores, primarily driven by the current value of real estate in the Lakeland Shores area. In Lakeland Shores, 16.87% of households rent, and 38.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakeland Shores is $8,385 per month. Households that rent pay about 20.17% of their income on rent here. Lakeland Shores’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakeland, MN: equally priced homes
- Lake St. Croix Beach, MN: equally priced homes
- St. Marys Point, MN: equally priced homes
- Hudson, WI: equally priced homes
- North Hudson, WI: equally priced homes
- Afton, MN: higher priced homes
- Bayport, MN: equally priced homes
- Oak Park Heights, MN: equally priced homes
- Lake Elmo, MN: higher priced homes
- Burkhardt, WI: higher priced homes
Cities with Similar Populations
- Salado, AR: less expensive homes
- North Monroeville, OH: less expensive homes
- Rosinville, SC: less expensive homes
- Roslyn, SD: less expensive homes
- Ruby, VA: less expensive homes
- Ruskin, MN: less expensive homes
- Ruth, NV: less expensive homes
- Ruthsburg, MD: equally priced homes
- Sadler, TN: less expensive homes
- North Matewan, WV: less expensive homes
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