Home prices
The median home in Lakota costs $31,600. In comparison to its surrounding areas this is about $22,060 (41%) lower.Compared to the rest of the nation it is approximately $185,900 (85%) lower, and it is roughly $147,800 (82%) lower compared to the city of Mankato.
Rents
Lakota's median monthly rent is $675. This is approximately $57 (9%) higher compared to nearby areas.Compared to the entire nation it is about $387 (36%) lower, and in comparison to the city of Mankato it is about $224 (24%) lower.
Nearby places
Buffalo Center
Buffalo Center is about 6 miles east from Lakota. Housing prices there are significantly more expensive. The median home in Buffalo Center costs $64,200, which works out to $32,600 (50%) higher than Lakota. Rents there are a bit less expensive. The median rent in Buffalo Center is $629 a month, which comes out to $46 (7%) lower than Lakota.
Bancroft
Bancroft is roughly 7 miles southwest from Lakota. The real estate prices there are a lot more expensive. The median home value in Bancroft is $79,600, which works out to $48,000 (60%) higher than Lakota. Rent there is a little less expensive. The median rent in Bancroft is $535 a month, which works out to $140 (26%) lower than Lakota.
Elmore
Elmore is roughly 8 miles north from Lakota. Housing prices there are a little more expensive. Elmore's median home price is $36,600, which works out to $5,000 (13%) higher than Lakota. Rents there are substantially less expensive. In Elmore the median rent is $492 per month, which is $183 (37%) lower than Lakota.
Swea City
Swea City is about 9 miles west from Lakota. Its housing prices are a little more expensive. The median home in Swea City costs $40,700, which is $9,100 (22%) higher than Lakota. Rents there are a little more expensive. In Swea City the median rent is $730 a month, which works out to $55 (7%) higher than Lakota.
Titonka
Titonka is about 9 miles south of Lakota. Its real estate prices are significantly more expensive. The median home price in Titonka is $47,200, which is $15,600 (33%) higher than Lakota. Rent there is pretty similar. Titonka's median rent is $704 a month, which comes out to $29 (4%) higher than Lakota.