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Lyon County Housing Market

Minnesota · 87 counties · Ranked #1822 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$193,100

vs national$193,100 vs $281,900 national

Median Gross Rent

$742/mo

vs national$742 vs $1,163 national

Effective Tax Rate

1.05%

vs national+1.05% vs 1.02% national

Median Household Income

$72,761

vs national$72,761 vs $74,755 national

Affordability Ratio

2.7x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$2,021

Tax as % of Home Value

1.05%

Monthly Owner Cost

$934

Renter Income

$36,667

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Frequently Asked Questions

What is the median home value in Lyon County?

The median home value in Lyon County is $193,100. This is below the national median of $281,900.

How much is rent in Lyon County?

The median gross rent in Lyon County is $742 per month.

What is the property tax rate in Lyon County?

The effective property tax rate in Lyon County is 1.05%. The median annual property tax bill is $2,021.

Is Lyon County affordable?

With a home-value-to-income ratio of 2.7x, Lyon 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.