The Most Affordable Neighborhoods in Squaw Lake, MN by Home Value

 

Squaw Lake, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Squaw Lake area can be challenging. Home prices in Squaw Lake are now at a median cost of $198,171, lower than the Minnesota average of $269,934.

The average cost of rent is $627/mo in Squaw Lake, primarily driven by the current value of real estate in the Squaw Lake area. While nearly 64.26% of residents own their homes outright in Squaw Lake, 13.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Squaw Lake is $4,778 per month. Households that rent pay about 13.12% of their income on rent here. Squaw Lake's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.


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