Home prices
The median home in Pequot Lakes is valued at $164,000. This is roughly $63,160 (27%) lower in comparison to the surrounding areas.It is roughly $53,500 (24%) lower in comparison to the rest of the country, and in comparison to the city of St. Cloud it is about $8,500 (5%) higher.
Rents
Pequot Lakes's median monthly rent is $672. In comparison to nearby areas it is about $223 (24%) lower.Compared to the rest of the country it is roughly $390 (36%) lower, and compared to the city of St. Cloud it is about $130 (16%) lower.
Nearby places
Breezy Point
Breezy Point is Pequot Lakes's neighbor to the east. Its housing prices are a lot more expensive. The median home in Breezy Point costs $250,800, which is $86,800 (34%) higher than Pequot Lakes. The rent there is substantially more expensive. In Breezy Point the median rent is $1,288 a month, which is $616 (47%) higher than Pequot Lakes.
Jenkins
Jenkins is Pequot Lakes's neighbor to the north. Real estate prices there are similar. The median home value in Jenkins is $162,500, which is very similar to Pequot Lakes. Rents there are a bit more expensive. In Jenkins the median monthly rent is $763, which comes out to $91 (11%) higher than Pequot Lakes.
Nisswa
Nisswa is Pequot Lakes's neighbor to the south. Its real estate prices are a lot more expensive. The median home in Nisswa is valued at $249,800, which works out to $85,800 (34%) higher than Pequot Lakes. Rents there are substantially more expensive. The median rent in Nisswa is $990 a month, which is $318 (32%) higher than Pequot Lakes.
Lake Shore
Lake Shore is Pequot Lakes's neighbor to the southwest. Real estate prices there are significantly more expensive. The value of the median home in Lake Shore is $376,000, which is $212,000 (56%) higher than Pequot Lakes. Rents there are somewhat more expensive. In Lake Shore the median monthly rent is $780, which works out to $108 (13%) higher than Pequot Lakes.
Pine River
Pine River is roughly 9 miles northwest from Pequot Lakes. Housing prices there are substantially less expensive. The median home in Pine River is valued at $96,700, which is $67,300 (69%) lower than Pequot Lakes. Rents there are pretty similar. Pine River's median rent is $655 per month, which works out to $17 (2%) lower than Pequot Lakes.
