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Lake Shore, MN

Full City Profile · Minnesota · Crow Wing County County

3.8 /5.0
B+ Good
1,117 Population 88/sq mi density
$96,923 Median Income $57,843 per capita
$532,500 Home Value $722,674 Zillow
$982 Median Rent 12.8% income on rent
42°F Avg Temperature 276 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$96,923 median income, 0.6% unemployment
B+
Affordability
3.6 / 5.0
$532,500 home value, $982/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.2 / 5.0
39.6% bachelor's degree or higher

Housing Overview

Median Home Value
$532,500
89% above
US avg: $281,900
Median Rent
$982/mo
16% below
US avg: $1,163/mo
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
1,085
Median year built: 1992

Home Value by Source

Census Median
$532,500
Zillow (ZHVI)
$722,674
Median Sale Price
$986,250
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.7%
Owner-Occupied
9.3%
Renter-Occupied
91%
9%
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: $982/mo

Market Indicators (Redfin)

Median Days on Market
162 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$384
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
12.8%
of renters spending 30%+ of income on housing
59% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
90.7%

Complete Housing Data

Home Values

Census Median Value$532,500
Zillow Home Value (ZHVI)$722,674
Median Sale Price$986,250
Price Per Sq Ft$384

Rent

Census Median Rent$982
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market162
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory5
Price Per Sq Ft$384

Ownership & Stock

Owner-Occupied90.7%
Renter-Occupied9.3%
Homeownership Rate90.7%
Total Housing Units1,085
Median Year Built1992
Rent Burden12.8%