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Pequot Lakes, MN
Full City Profile · Minnesota · Crow Wing County County
3.3
/5.0
B
Good
2,236
Population
137/sq mi density
$66,974
Median Income
$37,668 per capita
$246,400
Home Value
$329,823 Zillow
$792
Median Rent
27.8% income on rent
42°F
Avg Temperature
276 sunny days/yr
86
Violent Crime/100K
2,577 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$66,974 median income, 5.4% unemployment
A+
Affordability
4.6 / 5.0
$246,400 home value, $792/mo rent
F
Safety
1.0 / 5.0
86 violent crimes/100K
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher
Housing Overview
Median Home Value
$246,400
13% below
US avg: $281,900
Median Rent
$792/mo
32% below
US avg: $1,163/mo
Homeownership Rate
66.8%
2% above US avg (65.4%)
Total Housing Units
1,345
Median year built: 1992
Home Value by Source
Census Median
$246,400
Zillow (ZHVI)
$329,823
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.8%
Owner-Occupied
33.2%
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:
$792/mo
Affordability & Housing Stock
Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
66.8%
Complete Housing Data
Home Values
| Census Median Value | $246,400 |
| Zillow Home Value (ZHVI) | $329,823 |
Rent
| Census Median Rent | $792 |
| 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 | 66.8% |
| Renter-Occupied | 33.2% |
| Homeownership Rate | 66.8% |
| Total Housing Units | 1,345 |
| Median Year Built | 1992 |
| Rent Burden | 27.8% |