
Affordable
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These days, finding an affordable place to live in the Lauderdale area can be challenging. Home prices in Lauderdale are now at a median cost of $304,949, lower than the Minnesota average of $345,793.
The average cost of rent is $2,017/mo in Lauderdale, primarily driven by the current value of real estate in the Lauderdale area. In Lauderdale, 45.68% of households rent, and 46.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lauderdale is $6,431 per month. Households that rent pay about 31.36% of their income on rent here. Lauderdale’s most expensive areas are in the southeastern 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
- Falcon Heights, MN: higher priced homes
- St. Anthony, MN: higher priced homes
- Roseville, MN: higher priced homes
- Minneapolis, MN: higher priced homes
- Columbia Heights, MN: equally priced homes
- New Brighton, MN: higher priced homes
- Hilltop, MN: less expensive homes
- Arden Hills, MN: higher priced homes
- St. Paul, MN: equally priced homes
- Little Canada, MN: equally priced homes
Cities with Similar Populations
- Casar, NC: less expensive homes
- Rose Bud, AR: less expensive homes
- Ririe, ID: higher priced homes
- Remington, IN: less expensive homes
- Stonewall, MS: less expensive homes
- Eagleville, TN: higher priced homes
- Copper Hill, VA: less expensive homes
- Cedar Point, NC: higher priced homes
- Calhoun Falls, SC: less expensive homes
- Anahola, HI: higher priced homes
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