housing costs · Minnesota
Housing costs in Lake County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,093 | ± $57 | evidence → |
| 2019–2023 | $1,026 | ± $142 | evidence → |
| 2018–2022 | $837 | ± $202 | evidence → |
| 2017–2021 | $693 | ± $142 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $241,300 | ± $10,335 | evidence → |
| 2019–2023 | $222,900 | ± $9,727 | evidence → |
| 2018–2022 | $200,900 | ± $11,185 | evidence → |
| 2017–2021 | $183,200 | ± $11,836 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 25.8 % | ± 8.2 % | evidence → |
| 2019–2023 | 23.5 % | ± 8.2 % | evidence → |
| 2018–2022 | 22.0 % | ± 9.8 % | evidence → |
| 2017–2021 | 25.3 % | ± 5.9 % | evidence → |
In context
Median rent in Lake County is $1,093, above the Minnesota median of $896 across 87 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.