The Most Affordable Neighborhoods in Lyon County, MN by Home Value

 

Lyon County, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lyon County area can be challenging. Home prices in Lyon County are now at a median cost of $206,151, lower than the Minnesota average of $345,793.

The average cost of rent is $813/mo in Lyon County, primarily driven by the current value of real estate in the Lyon County area. In Lyon County, 27.50% of households rent, and 48.53% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lyon County is $6,523 per month. Households that rent pay about 12.47% of their income on rent here. Lyon County’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the county.

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


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