Lyle, MN
Full City Profile · Minnesota · Mitchell County County
3.2
/5.0
B
Good
490
Population
645/sq mi density
$59,000
Median Income
$31,304 per capita
$105,400
Home Value
$191,941 Zillow
$442
Median Rent
24.1% income on rent
45°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$59,000 median income, 6.7% unemployment
A+
Affordability
5.0 / 5.0
$105,400 home value, $442/mo rent
D
Education
1.7 / 5.0
8.9% bachelor's degree or higher
Housing Overview
Median Home Value
$105,400
63% below
US avg: $281,900
Median Rent
$442/mo
62% below
US avg: $1,163/mo
Homeownership Rate
73.1%
12% above US avg (65.4%)
Total Housing Units
216
Median year built: 1957
Home Value by Source
Census Median
$105,400
Zillow (ZHVI)
$191,941
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.1%
Owner-Occupied
26.9%
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:
$442/mo
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
73.1%
Complete Housing Data
Home Values
| Census Median Value | $105,400 |
| Zillow Home Value (ZHVI) | $191,941 |
Rent
| Census Median Rent | $442 |
| 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 | 73.1% |
| Renter-Occupied | 26.9% |
| Homeownership Rate | 73.1% |
| Total Housing Units | 216 |
| Median Year Built | 1957 |
| Rent Burden | 24.1% |