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Brooten city, MN

ZIP 56316 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56316

Median Home Value
$208,700
Median Rent
$548
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,341/mo PITI).

9%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

31.7 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 56316 in Brooten city, MN, a household would need roughly $57,000 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 $1,341. That sits below the local median household income ($71,071), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.6%+28% vs US avg
x
Vacancy Rate
14.6%+41% vs US avg
x
Broadband Access
73.4%-16% vs US avg
x
4+ Bedrooms
6.5%-56% vs US avg
x
Built Pre-1939
9.8%-23% vs US avg
x
Built Post-2014
1.0%-86% vs US avg
x
Rent Burden >30%
17.8%-64% vs US avg
x
Mortgage-Free
55.1%+44% vs US avg
x
$208,700
Home Value
$548
Rent
1959
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached90.4%
  • 1-unit attached0.0%
  • 2-9 units5.4%
  • 10+ units1.1%
  • Mobile home & other3.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$208,700
Median rent$548
Owner-occupied83.6%
Vacant14.6%
Price-to-income2.9x
Est. income to buy$57,000