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Lastrup

Learn about the people, housing, costs and businesses in Lastrup, Minnesota

Median Home$287,000
Median Rent$1,112/month
Population122
Leading IndustriesEducation · Wholesale Trade · Arts, Food & Hospitality7% education
Home Value Growth⬆⬆⬆+36.6% over 2 years
Young Adults25% of residents
Homeowners90% of occupied units
NotableHighly Educated28% bachelor's · 14% graduate · top 12% nationally
Lastrup
MN

Frequently Asked Questions

What are today's mortgage rates in Lastrup?

As of today, the 30-year fixed mortgage rate for Lastrup is approximately 6.843% (6.877% 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 Lastrup?

The median home value in Lastrup is $287k. The median monthly rent is $1,112. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lastrup?

Home values in Lastrup have increased 36.6% 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 Lastrup?

Based on a typical all-in ownership cost of $1,076/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lastrup is $81k/year.

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What industries drive the economy in Lastrup?

The largest employment sectors in Lastrup are wholesale trade (15%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.