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Crookston city, MN

ZIP 56716 — 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 56716

Median Home Value
$178,200
Median Rent
$722
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,145/mo PITI).

15%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

20.6 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 56716 in Crookston city, MN, a household would need roughly $49,000 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 $1,145. That sits below the local median household income ($56,781), 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 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
64.0%-2% vs US avg
x
Vacancy Rate
11.3%+9% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
5.2%-65% vs US avg
x
Built Pre-1939
3.4%-74% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
25.6%-48% vs US avg
x
Mortgage-Free
44.9%+18% vs US avg
x
$178,200
Home Value
$722
Rent
1966
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 detached63.5%
  • 1-unit attached3.1%
  • 2-9 units12.9%
  • 10+ units16.6%
  • Mobile home & other4.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$178,200
Median rent$722
Owner-occupied64.0%
Vacant11.3%
Price-to-income3.1x
Est. income to buy$49,000