Home prices
The median home in Lester Prairie is valued at $149,800. This is roughly $19,180 (11%) lower compared to its surrounding areas.It is about $67,700 (31%) lower in comparison to the entire country, and in comparison to the city of Minneapolis is about $101,800 (40%) lower.
Rents
The median rent in Lester Prairie is $543 per month. This is approximately $210 (27%) lower compared to its nearby areas.Compared to the US as a whole it is roughly $519 (48%) lower, and it is approximately $484 (47%) lower compared to the city of Minneapolis.
Nearby places
New Germany
New Germany is about 2 miles east of Lester Prairie. Housing prices there are similar. The cost of the median home in New Germany is $150,000, which is very similar to Lester Prairie. The rent there is a little more expensive. New Germany's median monthly rent is $783, which comes out to $240 (30%) higher than Lester Prairie.
Winsted
Winsted is about 4 miles north from Lester Prairie. The real estate prices there are a bit more expensive. The median home price in Winsted is $159,300, which is $9,500 (5%) higher than Lester Prairie. Rent there is a little more expensive. The median monthly rent in Winsted is $706, which works out to $163 (23%) higher than Lester Prairie.
Mayer
Mayer is approximately 6 miles east from Lester Prairie. The real estate prices there are significantly more expensive. The median home in Mayer is valued at $232,400, which comes out to $82,600 (35%) higher than Lester Prairie. The rent there is a lot more expensive. Mayer's median monthly rent is $986, which comes out to $443 (44%) higher than Lester Prairie.
Silver Lake
Silver Lake is roughly 6 miles west from Lester Prairie. Housing prices there are a little less expensive. The median home cost in Silver Lake is $140,700, which works out to $9,100 (6%) lower than Lester Prairie. Rents there are pretty similar. The median monthly rent in Silver Lake is $525, which comes out to $18 (3%) lower than Lester Prairie.
Plato
Plato is about 6 miles south from Lester Prairie. Real estate prices there are a bit more expensive. Plato's median home price is $162,500, which works out to $12,700 (7%) higher than Lester Prairie. Its rents are a bit more expensive. The median rent in Plato is $767 a month, which comes out to $224 (29%) higher than Lester Prairie.
