
Home Price Key
These days, finding an affordable place to live in the Lamson area can be challenging. Home prices in Lamson are now at a median cost of $272,011, higher than the Minnesota average of $269,934.
The average cost of rent is $880/mo in Lamson, primarily driven by the current value of real estate in the Lamson area. While nearly 40.35% of residents own their homes outright in Lamson, 4.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lamson is $7,265 per month. Households that rent pay about 12.11% of their income on rent here. Lamson's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
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