Home prices
The median home value in Twin Lakes is $56,300. Compared to its surrounding areas this is about $29,240 (34%) lower.It is roughly $161,200 (74%) lower compared to the entire nation, and it is roughly $195,300 (77%) lower in comparison to the city of Minneapolis.
Rents
The median rent in Twin Lakes is $604 per month. In comparison to its nearby areas this is approximately $25 (4%) lower.It is approximately $458 (43%) lower compared to the nation as a whole, and it is about $423 (41%) lower compared to the city of Minneapolis.
Nearby places
Emmons
Emmons is roughly 4 miles southwest of Twin Lakes. The real estate prices there are a lot more expensive. Emmons's median home price is $84,400, which comes out to $28,100 (33%) higher than Twin Lakes. Rent there is similar. The median monthly rent in Emmons is $588, which comes out to $16 (2%) lower than Twin Lakes.
Conger
Conger is roughly 5 miles northwest of Twin Lakes. The real estate prices there are a bit more expensive. The median home in Conger costs $60,000, which works out to $3,700 (6%) higher than Twin Lakes. Rent there is a little more expensive. In Conger the median rent is $700 per month, which comes out to $96 (13%) higher than Twin Lakes.
Glenville
Glenville is about 6 miles east of Twin Lakes. Housing prices there are significantly more expensive. The value of the median home in Glenville is $94,200, which comes out to $37,900 (40%) higher than Twin Lakes. Rents there are a little less expensive. The median monthly rent in Glenville is $530, which is $74 (13%) lower than Twin Lakes.
Albert Lea
Albert Lea is roughly 6 miles northeast of Twin Lakes. The housing prices there are substantially more expensive. The median home in Albert Lea is valued at $97,100, which comes out to $40,800 (42%) higher than Twin Lakes. The rent there is a little more expensive. Albert Lea's median monthly rent is $687, which comes out to $83 (12%) higher than Twin Lakes.
Alden
Alden is about 9 miles northwest from Twin Lakes. The real estate prices there are a lot more expensive. The median home in Alden costs $92,000, which comes out to $35,700 (38%) higher than Twin Lakes. Rents there are a little more expensive. Alden's median monthly rent is $642, which works out to $38 (5%) higher than Twin Lakes.