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La Salle

Learn about the people, housing, costs and businesses in La Salle, Minnesota

Median Home$178,200
Median Rent$836/month
Population78
Leading IndustriesRetail · Finance & Insurance · Construction21% retail
Home Value Growth⬆⬆+15.1% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners83% of occupied units
La Salle
MN

Frequently Asked Questions

What are today's mortgage rates in La Salle?

As of today, the 30-year fixed mortgage rate for La Salle is approximately 6.965% (7.004% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in La Salle?

The median home value in La Salle is $178k. The median monthly rent is $836. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in La Salle?

Home values in La Salle have increased 15.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in La Salle?

Based on a typical all-in ownership cost of $870/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in La Salle is $82k/year.

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What industries drive the economy in La Salle?

The largest employment sectors in La Salle are public administration (22%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.