Median home value: $476K (+0.7% YoY). Rent: $1,917/mo. Price-to-rent: 20.7x. Part of Minneapolis-St. Paul-Bloomington, MN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Minneapolis-St. Paul-Bloomington, MN-WI metro page.
Home Value$475,672
+0.7%
Rent$1,917/mo
AFFORDABILITYRenting $958/mo cheaper ($1,917 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Lakeville.
$95,134 on $475,672
Out of reach — 46% of income
Need $123,214/yr to afford.
PITI$2,875
P/I46%
Afford$290K
Gap-$186K
P&I $2,282Tax $444Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing