Housing mix
Lakeville, MN housing supply, ownership, and rent
What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Lakeville, MN.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
Start with the dated local finding: Lakeville, MN's current ACS housing baseline includes 26,315 total housing units, 25,685 occupied units, and 630 vacant units. In practical terms, those counts may help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 630 homes were listed for sale or available to rent at one moment. For the decision at hand, reading 26,315 total units with 25,685 occupied and 630 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.
Lakeville, MN's ACS median gross rent is $1,806, while renter-occupied units account for 12.2% of occupied housing and owner-occupied units account for 87.8%. The $1,806 median includes rent and certain utilities for the measured rental stock; it does not identify a lease offer comparable to a home under consideration.