Housing & Real Estate — Lake Park, Minnesota
Overview
| Total Housing Units | 251 |
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| Occupied | 231 |
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| Vacant | 20 |
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| Owner-Occupied | 194 |
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| Renter-Occupied | 37 |
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| Median Home Value (Census) | $196,500 |
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| Estimated 2026 | ~$228,000 |
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| Median Rent | $717/mo |
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| Median Property Tax | $1,509/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 13.4% |
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| Severely Rent-Burdened | 37.8% |
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Housing Age
| Built 2010 or later | 12 |
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| Built 2000-2009 | 19 |
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| Built 1990-1999 | 10 |
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| Built before 1960 | 143 |
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| Median Year Built | 1962 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
