Lake Elmo vs Rochester: Housing
| Lake Elmo | Rochester | |
|---|---|---|
| Median Home Value | $597,000 | $310,500 |
| Median Gross Rent | $2,407/mo | $1,399/mo |
| Homeownership Rate | 93.5% | 65.1% |
| Rent as Share of Income | 18.8% | 18.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.