Housing & Real Estate — Gem Lake, Minnesota
Overview
| Total Housing Units | 186 |
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| Occupied | 177 |
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| Vacant | 9 |
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| Owner-Occupied | 160 |
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| Renter-Occupied | 17 |
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| Median Home Value (Census) | $568,900 |
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| Estimated 2026 | ~$652,000 |
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| Median Rent | $1,750/mo |
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| Median Property Tax | $6,520/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 | 16.9% |
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| Severely Rent-Burdened | 37.5% |
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Housing Age
| Built 2010 or later | 41 |
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| Built 2000-2009 | 15 |
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| Built 1990-1999 | 6 |
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| Built before 1960 | 57 |
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| Median Year Built | 1977 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
