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Down payment assistance

Buying a home in Eagle Lake, MN

8 statewide.

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What’s local to Eagle Lake

No program run for Eagle Lake or for Blue Earth County alone is listed. A home in Eagle Lake can use the Minnesota statewide and federal programs below.

The closest city that runs its own program is New Ulm, about 30 miles away. City programs usually require the home to be inside that city’s limits.

The Eagle Lake market

Kinds of homes here

  • 68.2% single-family
  • 14.4% townhouse
  • 3.2% 2–4 units
  • 10.6% 5+ units
  • 3.6% mobile & other

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.

33.4%

of Eagle Lake homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.

$106,500
County area median income, 4 people (HUD)
$96,964
Eagle Lake median household income

See the published limits for Blue Earth County

Free help nearby

2 HUD-approved counseling agencies within 15 miles

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Across Minnesota and nationwide

70 statewide & federal programs

Eagle Lake questions

Does Eagle Lake have its own down payment program?

No program run for Eagle Lake alone is listed. A home in Eagle Lake can use the 8 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Eagle Lake?

Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.

What is the income limit in Blue Earth County?

Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Blue Earth County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.

Where can I take a homebuyer class near Eagle Lake?

HUD-approved housing counseling agencies teach homebuyer classes, and 2 agencies are within 15 miles of Eagle Lake. Create a free account and take the 90-second match to see the ones near you.

ZIP codes

56024

Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.