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Housing in Lund

A typical Lund home is worth roughly $250,000

Typical home value
$250K
MN $351K
Estimate
2-bedroom rent
$980
a month, utilities in · HUD
Median tax bill
$1,967
MN $3,357

What kind of housing town is Lund?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

89% of Lund households own their home

Half of Lund’s homes were built before 1991.

Owners and renters
Own 89%Rent 11%

Minnesota: 72% own.

1991
typical home built · MN 1979
$1,967
median property tax bill · MN $3,357
35%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

What it takes to buy in Lund

Try your own numbers below.

You could afford about
$341,000
Typical Lund home $250K

That covers a typical Lund home, with $91K to spare.

The typical home, each month
$1,520
Loan $1,240Tax $210Insurance $70

A two-bedroom rents for about $980 a month here, $540 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $980

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$750
2 bedrooms$980
3 bedrooms$1,360
4 bedrooms$1,450
11%
of households rent · MN 28%
10
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Douglas County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Lund vs. its neighbors

Lund is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Lund$250K*—$980$71,875
Pelican Lake$345K*—$1,020$100,179
Evansville$277K+5.6%$970$108,750
Eagle Lake$448K*—$1,040$99,583

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Lund buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Lund still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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