Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Roy Lake area can be challenging. Home prices in Roy Lake are now at a median cost of $143,644, lower than the Minnesota average of $345,793.
The average cost of rent is $639/mo in Roy Lake, primarily driven by the current value of real estate in the Roy Lake area. In Roy Lake, 18.46% of households rent, and 63.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Roy Lake is $4,783 per month. Households that rent pay about 13.35% of their income on rent here. Roy Lake’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rice Lake, MN: less expensive homes
- Mahkonce, MN: higher priced homes
- Naytahwaush, MN: higher priced homes
- Zerkel, MN: higher priced homes
- Pine Bend, MN: higher priced homes
- Ebro, MN: higher priced homes
- Lengby, MN: higher priced homes
- Bagley, MN: higher priced homes
- Lake Itasca, MN: higher priced homes
- Waubun, MN: higher priced homes
Cities with Similar Populations
- Lerado, KS: less expensive homes
- Las Placitas, NM: higher priced homes
- Laurel Grove, LA: higher priced homes
- Lawrence, AL: higher priced homes
- Lawton, ND: less expensive homes
- Layton, NJ: higher priced homes
- Lazare, TX: higher priced homes
- Lebanon, NE: higher priced homes
- Lebanon, NY: less expensive homes
- Lehman, TX: less expensive homes
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