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Hastings city, MN

ZIP 55033 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55033

Median Home Value
$335,800
Median Rent
$1,082
Affordability Snapshot
$92,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,157/mo PITI).

13%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

25.9 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 55033 in Hastings city, MN, a household would need roughly $92,000 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 $2,157. That is roughly in line with the local median household income ($102,026). 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
78.5%+20% vs US avg
x
Vacancy Rate
2.6%-74% vs US avg
x
Broadband Access
91.1%+5% vs US avg
x
4+ Bedrooms
8.2%-44% vs US avg
x
Built Pre-1939
2.6%-80% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
23.9%-52% vs US avg
x
Mortgage-Free
32.8%-14% vs US avg
x
$335,800
Home Value
$1,082
Rent
1984
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 detached63.9%
  • 1-unit attached12.4%
  • 2-9 units7.6%
  • 10+ units13.5%
  • Mobile home & other2.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$335,800
Median rent$1,082
Owner-occupied78.5%
Vacant2.6%
Price-to-income3.3x
Est. income to buy$92,000