Market Summary

Lakeville, Dakota County, MN

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Median Home Price Price

$471,855 $471.9K

Median Monthly Rent Rent

$2,104 $2.1K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Dakota County

Region Price Rent GRM Display
$383,934 $1,520 21.0x
$387,270 $1,712 19.0x
$357,608 $1,667 18.0x
$361,820 $1,521 20.0x
$420,753 $1,871 19.0x
$351,158 $1,802 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Dakota County

Region Price Rent GRM Display
$411,070 $2,041 17.0x
$366,390 $1,517 20.0x
$415,959 $2,039 17.0x
$421,664 $1,415 25.0x
$336,907 $1,405 20.0x
$368,733 $1,523 20.0x
$435,408 $1,522 24.0x
$444,577 $1,507 24.0x
$374,530 $1,865 17.0x
$388,019 $1,805 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$769,575 $2,037 31.0x
$606,377 $2,047 25.0x
$533,348 $2,090 21.0x
$464,548 $2,003 19.0x
$387,635 $1,565 21.0x
$896,138 $2,054 36.0x
$520,098 $2,260 19.0x
$420,377 $2,046 17.0x
$739,918 $2,042 30.0x
$513,796 $2,093 20.0x
$490,556 $2,100 19.0x
$555,481 $2,118 22.0x
$517,157 $2,195 20.0x
$483,657 $1,892 21.0x
$474,219 $2,105 19.0x
$346,179 $1,447 20.0x
$516,414 $2,109 20.0x
$638,651 $2,153 25.0x
$639,431 $1,991 27.0x

Home prices

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Monthly rent

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GRM

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Lakeville

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Trend Insights

Median Rent in Lakeville, MN is $2,104, with MoM change +$18 and YoY change +$86 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lakeville, MN.

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Metric
Base market Lakeville, MN
Compare market Select a market
Delta vs base
Median rent
$2,104
N/A
Median price
$471,855
N/A
YoY change
+$86
N/A
Price-to-rent
18.7x
Data unavailable
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