Lac qui Parle County, MN real estate

Market data, tax and rent figures from the 2024 Census survey.

Median home value

$157,600Median home value · Census

Property tax rate

0.90%Below state avg 1.02%Median bill $1,422/yr · Census

Median rent

$7282-bed $657Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Lac qui Parle County, MN real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Lac qui Parle County pay a median of $1,422 a year in property taxes on a median home value of $157,600, an effective rate of about 0.90%. The Minnesota average is 1.02%, which makes Lac qui Parle County the #26 lowest-tax of 87 counties in the state with published tax data.

Renters pay a median of $728 a month, and $657 for a two-bedroom. At today's prices a typical home costs about 18 times a year's rent.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $158,000 home here comes to about $1,043 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $45,000 a year (the median household here earns $74,432).

Monthly payment on a typical home

$1,043/mo
  • Principal & interest$859
  • Property tax$119
  • Insurance (est.)$66

$158,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Lac qui Parle County by bedrooms

Studio$43258% below state
1 bedroom$56950% below state
2 bedrooms$65752% below state
3 bedrooms$95639% below state
4 bedrooms$89050% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Lac qui Parle County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.