Home prices
The median home in Lakeland costs $258,300. In comparison to its surrounding areas it is roughly $46,660 (15%) lower.It is roughly $40,800 (18%) higher in comparison to the entire nation, and it is roughly $6,700 (2%) higher compared to the city of Minneapolis.
Rents
Lakeland's median monthly rent is $1,112. This is roughly $32 (2%) lower compared to its nearby areas.It is roughly $50 (4%) higher compared to the entire nation, and it is roughly $85 (8%) higher in comparison to the city of Minneapolis.
Nearby places
Lake St. Croix Beach
Lake St. Croix Beach is Lakeland's neighbor to the south. Housing prices there are a little less expensive. The median home cost in Lake St. Croix Beach is $228,600, which works out to $29,700 (12%) lower than Lakeland. Rents there are somewhat less expensive. Lake St. Croix Beach's median monthly rent is $863, which comes out to $249 (28%) lower than Lakeland.
Hudson
Hudson is Lakeland's neighbor to the northeast. The housing prices there are a bit less expensive. The cost of the median home in Hudson is $243,400, which comes out to $14,900 (6%) lower than Lakeland. Rents there are pretty similar. The median rent in Hudson is $1,167 a month, which works out to $55 (4%) higher than Lakeland.
Afton
Afton is Lakeland's neighbor to the southwest. Real estate prices there are a lot more expensive. The median home in Afton is valued at $475,000, which comes out to $216,700 (45%) higher than Lakeland. Its rents are a bit more expensive. The median rent in Afton is $1,292 per month, which is $180 (13%) higher than Lakeland.
St. Marys Point
St. Marys Point is approximately 2 miles south from Lakeland. Housing prices there are a bit more expensive. The median home value in St. Marys Point is $314,600, which comes out to $56,300 (17%) higher than Lakeland. Rent there is a bit more expensive. In St. Marys Point the median monthly rent is $1,281, which comes out to $169 (13%) higher than Lakeland.
North Hudson
North Hudson is about 3 miles north of Lakeland. The housing prices there are fairly similar. The median home in North Hudson costs $263,200, which comes out to $4,900 (1%) higher than Lakeland. Its rents are similar. North Hudson's median rent is $1,115 a month, which is very similar to Lakeland.
