Lakeland, MN
Full City Profile · Minnesota · Pierce County County
3.8
/5.0
B+
Good
1,510
Population
726/sq mi density
$101,339
Median Income
$55,948 per capita
$357,700
Home Value
$393,283 Zillow
$1,644
Median Rent
36.7% income on rent
43°F
Avg Temperature
270 sunny days/yr
27
Violent Crime/100K
676 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$101,339 median income, 3.0% unemployment
A+
Affordability
4.7 / 5.0
$357,700 home value, $1,644/mo rent
F
Safety
1.0 / 5.0
27 violent crimes/100K
A+
Education
4.7 / 5.0
46.2% bachelor's degree or higher
Housing Overview
Median Home Value
$357,700
27% above
US avg: $281,900
Median Rent
$1,644/mo
41% above
US avg: $1,163/mo
Homeownership Rate
85.6%
31% above US avg (65.4%)
Total Housing Units
804
Median year built: 1975
Home Value by Source
Census Median
$357,700
Zillow (ZHVI)
$393,283
Median Sale Price
$369,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.6%
Owner-Occupied
14.4%
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:
$1,644/mo
Market Indicators (Redfin)
Median Days on Market
18 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
36.7%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
85.6%
Complete Housing Data
Home Values
| Census Median Value | $357,700 |
| Zillow Home Value (ZHVI) | $393,283 |
| Median Sale Price | $369,900 |
| Price Per Sq Ft | $203 |
Rent
| Census Median Rent | $1,644 |
| 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 Market | 18 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $203 |
Ownership & Stock
| Owner-Occupied | 85.6% |
| Renter-Occupied | 14.4% |
| Homeownership Rate | 85.6% |
| Total Housing Units | 804 |
| Median Year Built | 1975 |
| Rent Burden | 36.7% |
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