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Riverton city, MN

ZIP 56455 — 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 56455

Median Home Value
$200,000
Median Rent
$828
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,285/mo PITI).

15%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

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

20.1 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 56455 in Riverton city, MN, a household would need roughly $55,000 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 $1,285. That sits below the local median household income ($65,962), 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 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.2%+18% vs US avg
x
Vacancy Rate
20.7%+101% vs US avg
x
Broadband Access
89.4%+3% vs US avg
x
4+ Bedrooms
6.0%-60% vs US avg
x
Built Pre-1939
4.3%-67% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
7.4%-85% vs US avg
x
Mortgage-Free
41.6%+9% vs US avg
x
$200,000
Home Value
$828
Rent
1976
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached86.5%
  • 1-unit attached0.0%
  • 2-9 units2.9%
  • 10+ units6.2%
  • Mobile home & other4.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$200,000
Median rent$828
Owner-occupied77.2%
Vacant20.7%
Price-to-income3.0x
Est. income to buy$55,000