US5.com
  1. Home
  2. States
  3. Iowa
  4. ZIP 51553
  5. Housing & Real Estate
Minden city, IA

ZIP 51553 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 51553

Median Home Value
$207,000
Median Rent
$500
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,330/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

34.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 51553 in Minden city, IA, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,330. That sits below the local median household income ($88,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
89.0%+36% vs US avg
x
Vacancy Rate
6.7%-35% vs US avg
x
Broadband Access
84.3%-3% vs US avg
x
4+ Bedrooms
13.7%-8% vs US avg
x
Built Pre-1939
9.3%-28% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
5.0%-90% vs US avg
x
Mortgage-Free
38.8%+2% vs US avg
x
$207,000
Home Value
$500
Rent
1961
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached92.3%
  • 1-unit attached1.0%
  • 2-9 units3.4%
  • 10+ units0.5%
  • Mobile home & other2.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$207,000
Median rent$500
Owner-occupied89.0%
Vacant6.7%
Price-to-income2.3x
Est. income to buy$57,000