Home/Minnesota/Lac qui Parle County

Lac qui Parle County Housing Market

Minnesota · 87 counties · Ranked #1023 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$143,400

vs national$143,400 vs $281,900 national

Median Gross Rent

$809/mo

vs national$809 vs $1,163 national

Effective Tax Rate

0.95%

vs national0.95% vs 1.02% national

Median Household Income

$71,639

vs national$71,639 vs $74,755 national

Affordability Ratio

2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

22.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,360

Tax as % of Home Value

0.95%

Monthly Owner Cost

$754

Renter Income

$40,208

Frequently Asked Questions

What is the median home value in Lac qui Parle County?
The median home value in Lac qui Parle County is $143,400. This is below the national median of $281,900.
How much is rent in Lac qui Parle County?
The median gross rent in Lac qui Parle County is $809 per month.
What is the property tax rate in Lac qui Parle County?
The effective property tax rate in Lac qui Parle County is 0.95%. The median annual property tax bill is $1,360.
Is Lac qui Parle County affordable?
With a home-value-to-income ratio of 2x, Lac qui Parle County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.