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These days, finding an affordable place to live in the Lyle area can be challenging. Home prices in Lyle are now at a median cost of $190,981, lower than the Minnesota average of $345,793.
The average cost of rent is $619/mo in Lyle, primarily driven by the current value of real estate in the Lyle area. In Lyle, 15.29% of households rent, and 44.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lyle is $6,259 per month. Households that rent pay about 9.89% of their income on rent here. Lyle’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mona, IA: higher priced homes
- Otranto, IA: higher priced homes
- London, MN: higher priced homes
- Johnsburg, MN: higher priced homes
- St. Ansgar, IA: equally priced homes
- Carpenter, IA: higher priced homes
- Austin Acres, MN: higher priced homes
- Rose Creek, MN: higher priced homes
- Stacyville, IA: less expensive homes
- Toeterville, IA: higher priced homes
Cities with Similar Populations
- Bendersville, PA: higher priced homes
- Union Pier, MI: higher priced homes
- Uniondale, IN: higher priced homes
- Bridport, VT: higher priced homes
- Briar, MO: less expensive homes
- Bellwood, NE: equally priced homes
- Bellwood, FL: higher priced homes
- Bay Head, NJ: higher priced homes
- Bailey Lakes, OH: equally priced homes
- Avondale, CO: equally priced homes
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