Lancaster, MN

Full City Profile · Minnesota · Kittson County County

4.1 /5.0
A Great
344 Population 148/sq mi density
$65,313 Median Income $34,557 per capita
$118,200 Home Value $161,332 Zillow
$680 Median Rent 21.7% income on rent
39°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.3 / 5.0
$65,313 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$118,200 home value, $680/mo rent
C+
Education
2.9 / 5.0
23.9% bachelor's degree or higher

Housing Overview

Median Home Value
$118,200
58% below
US avg: $281,900
Median Rent
$680/mo
42% below
US avg: $1,163/mo
Homeownership Rate
77.1%
18% above US avg (65.4%)
Total Housing Units
195
Median year built: 1966

Home Value by Source

Census Median
$118,200
Zillow (ZHVI)
$161,332
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.1%
Owner-Occupied
22.9%
Renter-Occupied
77%
23%
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: $680/mo

Affordability & Housing Stock

Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
77.1%

Complete Housing Data

Home Values

Census Median Value$118,200
Zillow Home Value (ZHVI)$161,332

Rent

Census Median Rent$680
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-Occupied77.1%
Renter-Occupied22.9%
Homeownership Rate77.1%
Total Housing Units195
Median Year Built1966
Rent Burden21.7%