The Most Affordable Neighborhoods in Lino Lakes, MN by Home Value

 

Lino Lakes, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lino Lakes area can be challenging. Home prices in Lino Lakes are now at a median cost of $412,876, higher than the Minnesota average of $345,793.

The average cost of rent is $1,893/mo in Lino Lakes, primarily driven by the current value of real estate in the Lino Lakes area. In Lino Lakes, 7.84% of households rent, and 30.67% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lino Lakes is $10,526 per month. Households that rent pay about 17.99% of their income on rent here. Lino Lakes’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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