All Countries
Lake Park, MN
Full City Profile · Minnesota · Clay County County
3.3
/5.0
B
Good
573
Population
585/sq mi density
$63,250
Median Income
$34,935 per capita
$160,900
Home Value
$396,644 Zillow
$717
Median Rent
26.7% income on rent
40°F
Avg Temperature
276 sunny days/yr
123
Violent Crime/100K
3,709 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$160,900 home value, $717/mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K
B
Education
3.1 / 5.0
25.8% bachelor's degree or higher
Housing Overview
Median Home Value
$160,900
43% below
US avg: $281,900
Median Rent
$717/mo
38% below
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
263
Median year built: 1962
Home Value by Source
Census Median
$160,900
Zillow (ZHVI)
$396,644
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.0%
Owner-Occupied
16.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$717/mo
Affordability & Housing Stock
Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
84.0%
Complete Housing Data
Home Values
| Census Median Value | $160,900 |
| Zillow Home Value (ZHVI) | $396,644 |
Rent
| Census Median Rent | $717 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 84.0% |
| Renter-Occupied | 16.0% |
| Homeownership Rate | 84.0% |
| Total Housing Units | 263 |
| Median Year Built | 1962 |
| Rent Burden | 26.7% |