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Maple Lake

Learn about the people, housing, costs and businesses in Maple Lake, Minnesota

Median Home$298,576
Median Rent$803/month
Population2,122
Leading IndustriesManufacturing · Public Administration1% manufacturing
Home Value Growth⬆⬆+16.4% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
NotableHigh Incomes$100k/year · top 17% nationally
Maple Lake
MN

Frequently Asked Questions

What are today's mortgage rates in Maple Lake?

As of today, the 30-year fixed mortgage rate for Maple Lake is approximately 6.967% (7.006% 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 Maple Lake?

The median home value in Maple Lake is $299k. The median monthly rent is $803. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Maple Lake?

Home values in Maple Lake have increased 16.4% 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 Maple Lake?

Based on a typical all-in ownership cost of $1,542/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Maple Lake is $100k/year.

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What industries drive the economy in Maple Lake?

The largest employment sectors in Maple Lake are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.