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These days, finding an affordable place to live in the Lonsdale area can be challenging. Home prices in Lonsdale are now at a median cost of $366,451, higher than the Minnesota average of $345,793.
The average cost of rent is $906/mo in Lonsdale, primarily driven by the current value of real estate in the Lonsdale area. In Lonsdale, 8.42% of households rent, and 29.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lonsdale is $8,167 per month. Households that rent pay about 11.10% of their income on rent here. Lonsdale’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Veseli, MN: higher priced homes
- Webster, MN: higher priced homes
- Little Chicago, MN: higher priced homes
- Millersburg, MN: higher priced homes
- New Market, MN: higher priced homes
- Montgomery, MN: less expensive homes
- Elko New Market, MN: higher priced homes
- Shieldsville, MN: higher priced homes
- New Prague, MN: higher priced homes
- Elko, MN: higher priced homes
Cities with Similar Populations
- Cornwall, NY: higher priced homes
- Trenton, MO: less expensive homes
- Troy, NC: less expensive homes
- Tucumcari, NM: less expensive homes
- Turners Falls, MA: less expensive homes
- Turtle Creek, PA: less expensive homes
- Tuskegee, AL: less expensive homes
- Union City, PA: less expensive homes
- Derwood, MD: higher priced homes
- Derby, NY: less expensive homes
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