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Dennison city, MN

ZIP 55018 — 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 55018

Median Home Value
$316,300
Median Rent
$1,113
Affordability Snapshot
$87,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,032/mo PITI).

15%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.7 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 55018 in Dennison city, MN, a household would need roughly $87,000 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 $2,032. That is roughly in line with the local median household income ($91,071). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
87.2%+33% vs US avg
x
Vacancy Rate
4.8%-54% vs US avg
x
Broadband Access
84.9%-2% vs US avg
x
4+ Bedrooms
8.4%-43% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
4.5%-34% vs US avg
x
Rent Burden >30%
3.9%-92% vs US avg
x
Mortgage-Free
44.1%+15% vs US avg
x
$316,300
Home Value
$1,113
Rent
1969
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached94.5%
  • 1-unit attached0.7%
  • 2-9 units3.6%
  • 10+ units0.0%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$316,300
Median rent$1,113
Owner-occupied87.2%
Vacant4.8%
Price-to-income3.5x
Est. income to buy$87,000