TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Lakeland city, Minnesota?

$1,668/month 1.5%vs 2023 ($1,644)

City · Census ACS 5-Year estimates

The median gross rent in Lakeland city, Minnesota is $1,668/month (±$196), based on Census ACS 5-Year estimates (2024). The median home value is $373,900 (±$11,357), and the median household income is $100,132/year. The unemployment rate in Washington County, Minnesota was 3.5% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Lakeland city, Minnesota

MetricValue
Median Gross Rent$1,668
Median Home Value$373,900
Median Household Income$100,132
Total Housing Units724
Renter-Occupied Units97
Renter-Occupied Share13%
Households Paying 50%+ Income8 households
Unemployment Rate(April 2026)3.5%

How does Lakeland city, Minnesota compare?

Median gross rent ranked against all cities in Minnesota.

Higher rent than 93% of cities in Minnesota · 54th of 704

Cheapest: White Earth CDP($300)
Priciest: Minnetrista city($3,501)
#CityValue
1Minnetrista city$3,501
1North Oaks city$3,501
3Independence city$3,469
… 50 more …
54Lakeland city(you are here)$1,668
… 647 more …
702White Earth CDP$300
703Big Lake CDP$99
703Sanborn city$99

ZIP codes in Lakeland city

1 ZIP code overlap Lakeland city.

More data for Lakeland city, Minnesota

Frequently asked questions

What is the average rent in Lakeland city, Minnesota?

The median gross rent in Lakeland city, Minnesota is $1,668/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Lakeland city, Minnesota?

The median rent for a 2-bedroom in Lakeland city, Minnesota is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Lakeland city, Minnesota?

The median home value in Lakeland city, Minnesota is $373,900 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Lakeland city are rent-burdened?

In Lakeland city, Minnesota, 8 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Lakeland city, Minnesota?

The median household income in Lakeland city, Minnesota is $100,132/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,668 has a margin of error of ±$196. In very small areas, MOEs can be large relative to the estimate.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.