US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 55030
  5. Housing & Real Estate
Grasston city, MN

ZIP 55030 — 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 55030

Median Home Value
$214,900
Median Rent
$546
Affordability Snapshot
$59,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,380/mo PITI).

9%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

32.8 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 55030 in Grasston city, MN, a household would need roughly $59,000 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 $1,380. That sits below the local median household income ($76,875), 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

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
92.1%+41% vs US avg
x
Vacancy Rate
18.8%+83% vs US avg
x
Broadband Access
88.1%+1% vs US avg
x
4+ Bedrooms
4.4%-70% vs US avg
x
Built Pre-1939
1.5%-88% vs US avg
x
Built Post-2014
2.1%-69% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
36.9%-3% vs US avg
x
$214,900
Home Value
$546
Rent
1976
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached80.4%
  • 1-unit attached0.0%
  • 2-9 units0.3%
  • 10+ units0.0%
  • Mobile home & other19.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$214,900
Median rent$546
Owner-occupied92.1%
Vacant18.8%
Price-to-income2.8x
Est. income to buy$59,000