Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Twin Lakes area can be challenging. Home prices in Twin Lakes are now at a median cost of $181,529, lower than the Minnesota average of $269,934.
The average cost of rent is $769/mo in Twin Lakes, primarily driven by the current value of real estate in the Twin Lakes area. While nearly 47.66% of residents own their homes outright in Twin Lakes, 5.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Twin Lakes is $6,308 per month. Households that rent pay about 12.19% of their income on rent here. Twin Lakes's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Albert Lea, MN: less expensive homes
- Conger, MN: equally priced homes
- Emmons, MN: less expensive homes
- Oakland, MN: less expensive homes
- Glenville, MN: less expensive homes
- Silver Lake, IA: less expensive homes
- Hayward, MN: less expensive homes
- Bancroft, MN: equally priced homes
- Mansfield, MN: less expensive homes
- Armstrong, MN: less expensive homes
Cities with Similar Populations
- Wrightstown, MN: equally priced homes
- Bengal, IN: less expensive homes
- Benson, VT: equally priced homes
- Berea, NE: less expensive homes
- Berlinville, OH: equally priced homes
- Woodburn, IA: equally priced homes
- Woodford, WI: higher priced homes
- Woods Bay, MT: higher priced homes
- Woodville, NC: less expensive homes
- Albion, ID: higher priced homes
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