Lake Shore, MN Real Estate

According to census data in the year 2000 there were 841 housing units in Lake Shore. This represents a 6.7% decline from 901 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 841 were located in what is classified as a rural area.

Homeownership rate in Lake Shore is about 92.9%. Lake Shore's vacancy rate, including seasonal lodging, is about 49.6%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Lake Shore were built after 1977.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom6.40%
Two Bedrooms27.90%
Three Bedrooms40.30%
Four Bedrooms19.30%
Five Bedrooms or more5.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1977
Median Value of occupied units$238,400
Median Price asked for vacant units$131,300

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1962
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan5.70%
Simple Mortgage51.10%
Debt Free39.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%