Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pequot Lakes area can be challenging. Home prices in Pequot Lakes are now at a median cost of $273,285, higher than the Minnesota average of $269,934.
The average cost of rent is $848/mo in Pequot Lakes, primarily driven by the current value of real estate in the Pequot Lakes area. While nearly 43.80% of residents own their homes outright in Pequot Lakes, 22.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pequot Lakes is $5,330 per month. Households that rent pay about 15.92% of their income on rent here. Pequot Lakes's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Jenkins, MN: less expensive homes
- Breezy Point, MN: equally priced homes
- Nisswa, MN: higher priced homes
- Lake Shore, MN: higher priced homes
- Merrifield, MN: equally priced homes
- Pine River, MN: less expensive homes
- Crosslake, MN: higher priced homes
- Woodrow, MN: less expensive homes
- Lake Hubert, MN: less expensive homes
- Chickamaw Beach, MN: less expensive homes
Cities with Similar Populations
- Bahama, NC: higher priced homes
- Yale, MI: less expensive homes
- Wray, CO: less expensive homes
- Winfield, PA: less expensive homes
- Willard, NC: less expensive homes
- Wedgefield, SC: less expensive homes
- Thayer, MO: less expensive homes
- Penbrook, PA: less expensive homes
- Patillo, GA: equally priced homes
- Otto, NC: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood