Twin Lakes, MN
Full City Profile · Minnesota · Freeborn County County
3.0
/5.0
B
Good
182
Population
471/sq mi density
$45,833
Median Income
$26,562 per capita
$588
Median Rent
19.6% income on rent
45°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$45,833 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
F
Education
1.4 / 5.0
4.6% bachelor's degree or higher
Housing Overview
Median Rent
$588/mo
49% below
US avg: $1,163/mo
Homeownership Rate
80.3%
23% above US avg (65.4%)
Total Housing Units
88
Median year built: 1973
Ownership vs. Renting
80.3%
Owner-Occupied
19.7%
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:
$588/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
80.3%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $175,633 |
Rent
| Census Median Rent | $588 |
| 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 | 80.3% |
| Renter-Occupied | 19.7% |
| Homeownership Rate | 80.3% |
| Total Housing Units | 88 |
| Median Year Built | 1973 |
| Rent Burden | 19.6% |