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ZIP 59403 — Housing & Real Estate

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

Low Income AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 59403

Median Home Value
$214,500
Median Rent
$607
Affordability Snapshot
$59,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,378/mo PITI).

29%
Rent-to-Income Ratio

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

8.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

29.4 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 59403, a household would need roughly $59,000 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 $1,378. That is about 136% above the local median household income ($24,980), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
26.1%-60% vs US avg
x
Vacancy Rate
14.0%+36% vs US avg
x
Broadband Access
78.0%-10% vs US avg
x
4+ Bedrooms
6.3%-57% vs US avg
x
Built Pre-1939
7.2%-44% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.1%-54% vs US avg
x
Mortgage-Free
24.0%-37% vs US avg
x
$214,500
Home Value
$607
Rent
1938
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached31.5%
  • 1-unit attached1.3%
  • 2-9 units16.2%
  • 10+ units49.9%
  • Mobile home & other1.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$214,500
Median rent$607
Owner-occupied26.1%
Vacant14.0%
Price-to-income8.6x
Est. income to buy$59,000