Lake Lillian, Kandiyohi County, MN

Median Home Price Price

$278,399 $278.4K

Median Monthly Rent Rent

$1,017 $1K

23.0x

Market Snapshot

Lake Lillian, Kandiyohi County, MN is a city market with a median home price of $278,399, a median monthly rent of $1,017, a GRM of 23.0x, and a price-to-rent ratio of 22.8.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Nearby alternative Similar GRM Lower entry
High confidence
Price $266.4K
Rent $974
GRM 23.0x
Explore the data
Region Show
Spicer
$370K $1.0K 31.0x
$253K $916 23.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Leslie, Ingham County, MI
$226K $1.3K 14.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Lake Lillian

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Benchmark comparison

Rent in Lake Lillian, MN is 0.8% higher than Spicer, MN.

Lake Lillian, MN
Spicer, MN
Delta
Median rent
$1,017
$1,009
-$8
Median price
$278,399
$370,487
+$92,088
YoY change
+$54
+$57
+$3
Price-to-rent
22.8x
30.6x
+7.8x

Key takeaways

  • Lake Lillian, Kandiyohi County, MN has a higher-grm screening profile: At 23.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $54 year over year.
  • Rent in Lake Lillian, MN is 0.8% higher than Spicer, MN.