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 $329,376, higher than the Minnesota average of $269,934.

The average cost of rent is $1,493/mo in Lino Lakes, primarily driven by the current value of real estate in the Lino Lakes area. While nearly 30.93% of residents own their homes outright in Lino Lakes, 7.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lino Lakes is $10,147 per month. Households that rent pay about 14.72% of their income on rent here. Lino Lakes's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.


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