US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 56046
  5. Housing & Real Estate
, MN

ZIP 56046 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56046

Median Home Value
$102,500
Median Rent
N/A
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$658/mo PITI).

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 56046 in MN, a household would need roughly $28,000 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 $658. That sits below the local median household income ($58,750), 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

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

Heating Fuel
Housing Metrics
Owner Occupied
94.2%+44% vs US avg
x
Vacancy Rate
0.0%
x
Broadband Access
100.0%+15% vs US avg
x
4+ Bedrooms
3.9%-74% vs US avg
x
Built Pre-1939
17.3%+35% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
100.0%+101% vs US avg
x
Mortgage-Free
22.4%-41% vs US avg
x
$102,500
Home Value
N/A
Rent
1953
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 detached100.0%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$102,500
Median rent$-666,666,666
Owner-occupied94.2%
Vacant0.0%
Price-to-income1.7x
Est. income to buy$28,000