States › Minnesota › La Crescent

Is La Crescent, MN expensive to live in?

CheapRent takes 11 cents of every $1 people earn here.
🏠 Rent per month (2026)$81454% lower than U.S. average
💵 Families earn per year (2026)$92,069about $7,672/month · 6% higher than U.S. average
🔑 House price$272,40018% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.5 minutes. Most homes (86%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $32,560 a year. That is $16 an hour at a full-time job.

Is rent cheaper than other Minnesota cities?

Yes. Rent here is cheaper than in most of Minnesota. It is number 6 of 150 cities from cheapest to most expensive.

La Crescent
$814
Princeton
$1,214
Montevideo
$941
North Oaks
$3,500+
Morris
$1,083
Falcon Heights
$1,298
Redwood Falls
$824

How much do households earn in La Crescent?

Under $25k
12.3%
$25k–50k
15.1%
$50k–100k
39.9%
$100k–150k
13.1%
$150k+
17.0%

Share of households by yearly income. 30.1% of households earn $100,000 or more.

How expensive is La Crescent overall?

Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).

Housing
91
Goods (food, clothes…)
101
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for La Crescent, so the Minnesota figure is shown.

Taxes and bills in La Crescent

🏛️ Property tax$3,704a year · 1.36% of home value · U.S. $3,119
⚡ Electric bill$139a month (typical) · U.S. $156

Life in La Crescent

Commute to work17.5 minU.S.: 26.4 min
College degree40.6%U.S.: 35.7%
Own their home86%U.S.: 65.2%
Below poverty line5.7%U.S.: 12.5%
Unemployment0.5%U.S.: 5.2%

Is it cheaper to rent or buy in La Crescent?

Renting is cheaper right now: about $1,076 a month less.

Renting
$814
Owning
$1,890

Owning assumes a typical $272,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,240 for the down payment.

Frequently asked questions

What is the average rent in La Crescent, MN?

Renting in La Crescent costs a median of about $814 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in La Crescent?

To keep rent under 30% of income, you need about $32,560 a year, or $16 an hour at a full-time job.

Is La Crescent cheap or expensive?

La Crescent is rated Cheap: rent takes 10.6% of the typical household income of $92,069. It ranks 6th cheapest of 150 Minnesota cities we track.

How much are property taxes in La Crescent?

The median homeowner in La Crescent pays $3,704 a year in property taxes, about 1.36% of the median home value.

Is La Crescent more expensive than the national average?

Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in La Crescent?

The median home value in La Crescent is $272,400, about 3.0 times the typical yearly household income.

5,251 people live in La Crescent. Numbers are typical (middle) values.