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Lester Prairie, MN
Full City Profile · Minnesota · McLeod County County
3.6
/5.0
B+
Good
1,848
Population
1,848/sq mi density
$87,188
Median Income
$38,575 per capita
$217,000
Home Value
$313,014 Zillow
$735
Median Rent
27.5% income on rent
45°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$87,188 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$217,000 home value, $735/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher
Housing Overview
Median Home Value
$217,000
23% below
US avg: $281,900
Median Rent
$735/mo
37% below
US avg: $1,163/mo
Homeownership Rate
85.8%
31% above US avg (65.4%)
Total Housing Units
733
Median year built: 1976
Home Value by Source
Census Median
$217,000
Zillow (ZHVI)
$313,014
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.8%
Owner-Occupied
14.2%
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:
$735/mo
Affordability & Housing Stock
Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
85.8%
Complete Housing Data
Home Values
| Census Median Value | $217,000 |
| Zillow Home Value (ZHVI) | $313,014 |
Rent
| Census Median Rent | $735 |
| 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 | 85.8% |
| Renter-Occupied | 14.2% |
| Homeownership Rate | 85.8% |
| Total Housing Units | 733 |
| Median Year Built | 1976 |
| Rent Burden | 27.5% |