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States / Minnesota / Lake City

Lake City, MN Housing

ACS 2020-2024

Median Home Value
$238,700 ± $17,259
Median Gross Rent
$871 ± $110/mo
Homeownership Rate
79.2%
Rent as Share of Income
14.5%
Price-to-Income Ratio
3.3×
Vacancy Rate
14.3%
Median Year Built
1973

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
15
Buildings
14
Single-Family Units
13
Multi-Family Units
2

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Lake City, MN Housing: Rent & Home Values | HomeDataUSA