Housing & Real Estate — Lakefield, Minnesota
Overview
| Total Housing Units | 822 |
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| Occupied | 746 |
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| Vacant | 76 |
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| Owner-Occupied | 656 |
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| Renter-Occupied | 90 |
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| Median Home Value (Census) | $133,800 |
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| Estimated 2026 | ~$148,000 |
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| Median Rent | $867/mo |
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| Median Property Tax | $1,396/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 14.5% |
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| Severely Rent-Burdened | 30.6% |
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Housing Age
| Built 2010 or later | 19 |
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| Built 2000-2009 | 36 |
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| Built 1990-1999 | 3 |
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| Built before 1960 | 400 |
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| Median Year Built | 1955 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
