Lakefield, MN Real Estate
According to census data in the year 2000 there were 782 housing units in Lakefield.
This represents a 0.9% growth from 775 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 782 were located in what is classified as a rural area.
Homeownership rate in Lakefield is about 84.2%.
Lakefield's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Lakefield were built after 1948.
|Housing Units by Size|
|Five Bedrooms or more||4.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.3|
|Median year structure was built||1949|
|Median Value of occupied units||$44,600|
|Median Price asked for vacant units||$31,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.81|
|Median year structure was built||1939|
|Median Monthly Rent asked for vacant units||$213|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.2%|