Rent in Lake Park, MN
A 2-bedroom in Lake Park, MN (ZIP 56554) typically rents for about $1,158 a month, with a range of $1,010–$1,306. Owner-occupied homes in Becker County pay about 0.69% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $710 | $710–$769 | 1 |
| 1 bed | $716 | $652–$780 | 1 |
| 2 beds | $1,158 | $1,010–$1,306 | 1 |
| 3 beds | $1,340 | $1,340–$1,451 | 1 |
| 4 beds | $1,375 | $1,250–$1,500 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Lake Park ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lake Park, MN?
- About $1,158 a month: the median of the typical rents in 1 ZIP code, which range from $1,010–$1,306. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lake Park, MN?
- About $716 a month: the median of the typical rents in 1 ZIP code, which range from $652–$780. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lake Park, MN?
- About $1,340 a month: the median of the typical rents in 1 ZIP code, which range from $1,340–$1,451. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lake Park, MN?
- About $710 a month: the median of the typical rents in 1 ZIP code, which range from $710–$769. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lake Park, MN?
- About $1,375 a month: the median of the typical rents in 1 ZIP code, which range from $1,250–$1,500. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Lake Park, MN?
- Owner-occupied homes in Becker County pay a typical 0.69% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Lake Park rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).