Home prices
Spring Lake Park's median home value is $190,400. It is approximately $23,300 (10%) lower in comparison to the surrounding areas.Compared to the country as a whole it is about $27,100 (12%) lower, and in comparison to the city of Minneapolis it is approximately $61,200 (24%) lower.
Rents
Spring Lake Park's median monthly rent is $1,061. It is roughly $22 (2%) higher compared to nearby areas.In comparison to the country as a whole it is is very similar, and is about $34 (3%) higher in comparison to the city of Minneapolis.
Nearby places
Mounds View
Mounds View is Spring Lake Park's neighbor to the east. Its housing prices are a bit more expensive. The median home in Mounds View is valued at $206,700, which works out to $16,300 (7%) higher than Spring Lake Park. The rent there is a little less expensive. The median monthly rent in Mounds View is $928, which works out to $133 (14%) lower than Spring Lake Park.
Fridley
Fridley is Spring Lake Park's neighbor to the south. Its real estate prices are pretty similar. Fridley's median home value is $198,200, which works out to $7,800 (3%) higher than Spring Lake Park. Rents there are somewhat less expensive. Fridley's median rent is $985 a month, which comes out to $76 (7%) lower than Spring Lake Park.
Blaine
Blaine is Spring Lake Park's neighbor to the northeast. Its real estate prices are a bit more expensive. Blaine's median home price is $230,900, which works out to $40,500 (17%) higher than Spring Lake Park. Rent there is somewhat more expensive. In Blaine the median monthly rent is $1,241, which comes out to $180 (14%) higher than Spring Lake Park.
Lexington
Lexington is roughly 3 miles northeast from Spring Lake Park. The real estate prices there are a little less expensive. Lexington's median home price is $176,100, which works out to $14,300 (8%) lower than Spring Lake Park. Its rents are a bit less expensive. In Lexington the median rent is $1,001 a month, which is $60 (5%) lower than Spring Lake Park.
New Brighton
New Brighton is approximately 3 miles southeast from Spring Lake Park. The real estate prices there are somewhat more expensive. The median home price in New Brighton is $256,600, which works out to $66,200 (25%) higher than Spring Lake Park. Its rents are similar. The median rent in New Brighton is $1,038 a month, which works out to $23 (2%) lower than Spring Lake Park.
