Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Long Lake area can be challenging. Home prices in Long Lake are now at a median cost of $502,662, higher than the Minnesota average of $269,934.
The average cost of rent is $1,393/mo in Long Lake, primarily driven by the current value of real estate in the Long Lake area. While nearly 25.69% of residents own their homes outright in Long Lake, 22.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Long Lake is $8,679 per month. Households that rent pay about 16.06% of their income on rent here. Long Lake's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Orono, MN: higher priced homes
- Wayzata, MN: higher priced homes
- Minnetonka Beach, MN: higher priced homes
- Woodland, MN: higher priced homes
- Medina, MN: higher priced homes
- Deephaven, MN: higher priced homes
- Spring Park, MN: equally priced homes
- Tonka Bay, MN: higher priced homes
- Maple Plain, MN: less expensive homes
- Greenwood, MN: higher priced homes
Cities with Similar Populations
- Milford, WY: less expensive homes
- Roman Forest, TX: less expensive homes
- Paragon, IN: less expensive homes
- Palmyra, TN: less expensive homes
- Oakfield, TN: less expensive homes
- New Berlin, IL: less expensive homes
- Neligh, NE: less expensive homes
- Millwood, WA: less expensive homes
- Millville, DE: less expensive homes
- Millerton, PA: less expensive homes
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