Similar to its surrounding areas, it's a lot more expensive compared to the US as a whole. Compared to the city of Minneapolis however, it is a little more expensive.
Home prices
The median home in Lino Lakes is valued at $293,100. It is about $12,760 (4%) lower in comparison to its surrounding areas.It is about $75,600 (34%) higher in comparison to the country as a whole, and compared to the city of Minneapolis is about $41,500 (16%) higher.
Rents
In Lino Lakes the median rent is $1,363 per month. This is approximately $154 (10%) lower in comparison to the surrounding areas.It is approximately $301 (28%) higher in comparison to the rest of the country, and is about $336 (32%) higher in comparison to the city of Minneapolis.
Nearby places
Centerville
Centerville is Lino Lakes's neighbor to the east. Housing prices there are a bit less expensive. The median home price in Centerville is $263,500, which works out to $29,600 (11%) lower than Lino Lakes. Rent there is a bit less expensive. In Centerville the median monthly rent is $1,163, which is $200 (17%) lower than Lino Lakes.
Circle Pines
Circle Pines is Lino Lakes's neighbor to the southwest. Its housing prices are significantly less expensive. The median home value in Circle Pines is $197,100, which comes out to $96,000 (48%) lower than Lino Lakes. Rent there is pretty similar. The median rent in Circle Pines is $1,308 a month, which comes out to $55 (4%) lower than Lino Lakes.
North Oaks
North Oaks is Lino Lakes's neighbor to the south. Real estate prices there are significantly more expensive. The median home in North Oaks is valued at $633,300, which works out to $340,200 (53%) higher than Lino Lakes. Its rents are significantly more expensive. North Oaks's median monthly rent is $2,614, which is $1,251 (47%) higher than Lino Lakes.
Hugo
Hugo is Lino Lakes's neighbor to the east. Its housing prices are a little less expensive. The price of the median home in Hugo is $259,300, which is $33,800 (13%) lower than Lino Lakes. Rents there are a little more expensive. The median monthly rent in Hugo is $1,500, which works out to $137 (9%) higher than Lino Lakes.
Lexington
Lexington is roughly 4 miles southwest from Lino Lakes. Real estate prices there are substantially less expensive. The price of the median home in Lexington is $176,100, which comes out to $117,000 (66%) lower than Lino Lakes. Rent there is substantially less expensive. The median monthly rent in Lexington is $1,001, which works out to $362 (36%) lower than Lino Lakes.
