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Lanesboro, MN Real Estate


According to census data in the year 2000 there were 422 housing units in Lanesboro. This represents a 1.2% growth from 417 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 422 were located in what is classified as a rural area.

Homeownership rate in Lanesboro is about 73.4%. Lanesboro's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.05 people.

The majority of houses, apartments or condos in Lanesboro were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom20.40%
Two Bedrooms22.70%
Three Bedrooms35.80%
Four Bedrooms13.30%
Five Bedrooms or more7.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1939
Median Value of occupied units$77,400
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.32
Median year structure was built1954
Median Monthly Rent asked for vacant units$267

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan4.70%
Simple Mortgage43.20%
Debt Free44.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%