Detroit Lakes, MN Real Estate

According to census data in the year 2000 there were 3,797 housing units in Detroit Lakes. This represents a 12.5% growth from 3,375 in 1990.

Of those housing units, 3,645 were located in either urbanized areas or urban clusters, and 152 were located in what is classified as a rural area.

Homeownership rate in Detroit Lakes is about 64.8%. Detroit Lakes's vacancy rate, including seasonal lodging, is about 12.3%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Detroit Lakes were built after 1961.


Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom17.90%
Two Bedrooms30.20%
Three Bedrooms32.40%
Four Bedrooms13.80%
Five Bedrooms or more3.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1956
Median Value of occupied units$83,400
Median Price asked for vacant units$131,300

Rented Homes, Apartments and Condos

Average Household Size1.65
Median year structure was built1972
Median Monthly Rent asked for vacant units$374

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan6.10%
Simple Mortgage51.30%
Debt Free36.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%