US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 56536
  5. Housing & Real Estate
Felton city, MN

ZIP 56536 — 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 56536

Median Home Value
$194,200
Median Rent
$554
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,247/mo PITI).

8%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

29.2 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 56536 in Felton city, MN, a household would need roughly $53,000 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 $1,247. That sits below the local median household income ($79,375), 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
89.0%+36% vs US avg
x
Vacancy Rate
4.7%-54% vs US avg
x
Broadband Access
81.2%-7% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
1.1%-92% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
10.0%-80% vs US avg
x
Mortgage-Free
46.0%+20% vs US avg
x
$194,200
Home Value
$554
Rent
1974
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 detached94.2%
  • 1-unit attached0.0%
  • 2-9 units3.2%
  • 10+ units0.0%
  • Mobile home & other2.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$194,200
Median rent$554
Owner-occupied89.0%
Vacant4.7%
Price-to-income2.4x
Est. income to buy$53,000