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Twin Lakes, MN

Full City Profile · Minnesota · Freeborn County County

2.8 /5.0
C+ Fair
231 Population 471/sq mi density
$63,125 Median Income $28,116 per capita
$227,500 Home Value $175,633 Zillow
45°F Avg Temperature 260 sunny days/yr
163 Violent Crime/100K 2,232 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$63,125 median income, 2.4% unemployment
A+
Affordability
4.7 / 5.0
$227,500 home value, /mo rent
F
Safety
1.0 / 5.0
163 violent crimes/100K
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher

Housing Overview

Median Home Value
$227,500
19% below
US avg: $281,900
Homeownership Rate
92.3%
41% above US avg (65.4%)
Total Housing Units
88
Median year built: 1973

Home Value by Source

Census Median
$227,500
Zillow (ZHVI)
$175,633
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

92.3%
Owner-Occupied
7.7%
Renter-Occupied
92%
8%
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

Affordability & Housing Stock

Rent Burden
19.6%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
92.3%

Complete Housing Data

Home Values

Census Median Value$227,500
Zillow Home Value (ZHVI)$175,633

Rent

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-Occupied92.3%
Renter-Occupied7.7%
Homeownership Rate92.3%
Total Housing Units88
Median Year Built1973
Rent Burden19.6%