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Delano city, MN

ZIP 55328 — 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 55328

Median Home Value
$382,600
Median Rent
$800
Affordability Snapshot
$105,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,458/mo PITI).

8%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

39.9 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 55328 in Delano city, MN, a household would need roughly $105,000 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 $2,458. That sits below the local median household income ($118,036), 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

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

Heating Fuel
Housing Metrics
Owner Occupied
83.1%+27% vs US avg
x
Vacancy Rate
1.6%-84% vs US avg
x
Broadband Access
88.7%+2% vs US avg
x
4+ Bedrooms
12.2%-18% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
3.5%-50% vs US avg
x
Rent Burden >30%
28.1%-44% vs US avg
x
Mortgage-Free
27.1%-29% vs US avg
x
$382,600
Home Value
$800
Rent
1989
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 detached82.8%
  • 1-unit attached3.9%
  • 2-9 units3.3%
  • 10+ units9.8%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$382,600
Median rent$800
Owner-occupied83.1%
Vacant1.6%
Price-to-income3.2x
Est. income to buy$105,000