Lilydale, MN
Full City Profile · Minnesota · Dakota County County
4.6
/5.0
A+
Excellent
752
Population
1,367/sq mi density
$93,393
Median Income
$80,079 per capita
$389,300
Home Value
$415,273 Zillow
$2,359
Median Rent
43.4% income on rent
47°F
Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A
Economy
4.4 / 5.0
$93,393 median income, 5.2% unemployment
A
Affordability
4.3 / 5.0
$389,300 home value, $2,359/mo rent
A+
Education
5.0 / 5.0
56.7% bachelor's degree or higher
Housing Overview
Median Home Value
$389,300
38% above
US avg: $281,900
Median Rent
$2,359/mo
103% above
US avg: $1,163/mo
Homeownership Rate
52.9%
19% below US avg (65.4%)
Total Housing Units
572
Median year built: 1984
Home Value by Source
Census Median
$389,300
Zillow (ZHVI)
$415,273
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
52.9%
Owner-Occupied
47.1%
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:
$2,359/mo
Affordability & Housing Stock
Rent Burden
43.4%
of renters spending 30%+ of income on housing
40% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
52.9%
Complete Housing Data
Home Values
| Census Median Value | $389,300 |
| Zillow Home Value (ZHVI) | $415,273 |
Rent
| Census Median Rent | $2,359 |
| 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 | 52.9% |
| Renter-Occupied | 47.1% |
| Homeownership Rate | 52.9% |
| Total Housing Units | 572 |
| Median Year Built | 1984 |
| Rent Burden | 43.4% |