Home prices
The median home in Lake Elmo is valued at $426,600. It is approximately $195,720 (84%) higher in comparison to other places in this area.It is roughly $209,100 (96%) higher compared to the United States as a whole, and in comparison to the city of Minneapolis it is approximately $175,000 (69%) higher.
Rents
In Lake Elmo the median monthly rent is $1,280. Compared to other places in this area it is approximately $91 (7%) higher.In comparison to the US as a whole it is about $218 (20%) higher, and in comparison to the city of Minneapolis is approximately $253 (24%) higher.
Nearby places
Oakdale
Oakdale is Lake Elmo's neighbor to the west. The housing prices there are a lot less expensive. The median home value in Oakdale is $227,700, which works out to $198,900 (87%) lower than Lake Elmo. Its rents are a little less expensive. Oakdale's median monthly rent is $1,073, which works out to $207 (19%) lower than Lake Elmo.
Oak Park Heights
Oak Park Heights is Lake Elmo's neighbor to the northeast. Its real estate prices are a lot less expensive. The median home in Oak Park Heights is valued at $245,400, which comes out to $181,200 (73%) lower than Lake Elmo. Rents there are a bit more expensive. In Oak Park Heights the median monthly rent is $1,641, which comes out to $361 (21%) higher than Lake Elmo.
Stillwater
Stillwater is Lake Elmo's neighbor to the northeast. Housing prices there are a lot less expensive. The cost of the median home in Stillwater is $291,400, which is $135,200 (46%) lower than Lake Elmo. Rent there is a bit less expensive. Stillwater's median monthly rent is $1,014, which comes out to $266 (26%) lower than Lake Elmo.
North St. Paul
North St. Paul is approximately 4 miles west from Lake Elmo. The housing prices there are significantly less expensive. The median home in North St. Paul costs $206,100, which works out to $220,500 (106%) lower than Lake Elmo. The rent there is a little less expensive. The median rent in North St. Paul is $988 per month, which comes out to $292 (29%) lower than Lake Elmo.
Willernie
Willernie is about 4 miles northwest of Lake Elmo. Housing prices there are significantly less expensive. Willernie's median home cost is $183,800, which comes out to $242,800 (132%) lower than Lake Elmo. The rent there is pretty similar. Willernie's median rent is $1,227 per month, which works out to $53 (4%) lower than Lake Elmo.
