Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lester Prairie area can be challenging. Home prices in Lester Prairie are now at a median cost of $206,791, lower than the Minnesota average of $269,934.
The average cost of rent is $674/mo in Lester Prairie, primarily driven by the current value of real estate in the Lester Prairie area. While nearly 46.56% of residents own their homes outright in Lester Prairie, 13.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lester Prairie is $6,379 per month. Households that rent pay about 10.57% of their income on rent here. Lester Prairie's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- New Germany, MN: higher priced homes
- Winsted, MN: equally priced homes
- Plato, MN: higher priced homes
- Silver Lake, MN: equally priced homes
- Mayer, MN: higher priced homes
- Young America, MN: higher priced homes
- Glencoe, MN: equally priced homes
- Norwood Young America, MN: higher priced homes
- Hamburg, MN: higher priced homes
- Watertown, MN: higher priced homes
Cities with Similar Populations
- Baroda, MI: equally priced homes
- Willis, VA: less expensive homes
- West Tawakoni, TX: less expensive homes
- Watkins, MN: equally priced homes
- Watermill, NY: higher priced homes
- Sutherland Springs, TX: higher priced homes
- Saugatuck, MI: higher priced homes
- Rimersburg, PA: less expensive homes
- Lee, FL: less expensive homes
- Hollister, NC: less expensive homes
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