Housing & Real Estate — Madison Lake, Minnesota

Overview

Total Housing Units669
Occupied482
Vacant187
Owner-Occupied332
Renter-Occupied150
Median Home Value (Census)$303,100
Estimated 2026~$360,000
Median Rent$829/mo
Median Property Tax$3,560/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income11.3%
Severely Rent-Burdened27.7%

Housing Age

Built 2010 or later130
Built 2000-2009139
Built 1990-199975
Built before 1960215
Median Year Built1982
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.