Housing & Real Estate — Lake Mills, Iowa

Overview

Total Housing Units999
Occupied930
Vacant69
Owner-Occupied624
Renter-Occupied306
Median Home Value (Census)$122,600
Estimated 2026~$143,000
Median Rent$615/mo
Median Property Tax$1,699/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income11.9%
Severely Rent-Burdened28.8%

Housing Age

Built 2010 or later4
Built 2000-200953
Built 1990-1999112
Built before 1960482
Median Year Built1963
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.