Market Summary
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Median Home Price Price
Median Monthly Rent Rent
GRM
GRM = Median Home Price divided by annual rent.
Price = Median Home Price.
Rent = Median Monthly Rent.
Lakefield, Jackson County, MN is a city market with a median home price of $189,177, a median monthly rent of $1,148, a GRM of 14.0x, and a price-to-rent ratio of 13.7.
Use these related city markets as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.
Similar markets within Jackson County
No similar markets found for this scope.
Similar markets within MN outside of Jackson County
Similar markets outside of MN
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Median Rent in Lakefield, MN is $1,148, with MoM change +$17 and YoY change +$104 pointing to positive momentum while volatility is low (std $27).
Search a market to benchmark rent, price, YoY, and price-to-rent against Lakefield, MN.
TwinMarket currently shows a median home price of $189,177 for Lakefield, Jackson County, MN.
The current TwinMarket market snapshot lists median monthly rent at $1,148 in Lakefield, Jackson County, MN.
TwinMarket currently shows a GRM of 14.0x in Lakefield, Jackson County, MN. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.
Comparable markets currently surfaced on TwinMarket for Lakefield, Jackson County, MN include Truman, Martin County, MN, Decorah, Winneshiek County, IA, Elgin, Union County, OR. Open those pages to compare price, rent, GRM, and recent trend context side by side.
The market data shown on this page was last updated on April 8, 2026.