Housing & Real Estate — The Lakes, Minnesota

Overview

Total Housing Units780
Occupied340
Vacant440
Owner-Occupied321
Renter-Occupied19
Median Home Value (Census)$397,100
Estimated 2026~$409,000
Median RentN/A/mo
Median Property Tax$2,791/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of IncomeN/A%
Severely Rent-Burdened0.0%

Housing Age

Built 2010 or later63
Built 2000-2009145
Built 1990-199992
Built before 1960177
Median Year Built1986
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.