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Maple Grove city, MN

ZIP 55311 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55311

Median Home Value
$466,400
Median Rent
$1,771
Affordability Snapshot
$128,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,996/mo PITI).

14%
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.

21.9 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 55311 in Maple Grove city, MN, a household would need roughly $128,000 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 $2,996. That sits below the local median household income ($148,122), 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
86.2%+32% vs US avg
x
Vacancy Rate
2.5%-75% vs US avg
x
Broadband Access
97.2%+12% vs US avg
x
4+ Bedrooms
20.1%+36% vs US avg
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
2.6%-62% vs US avg
x
Rent Burden >30%
27.9%-44% vs US avg
x
Mortgage-Free
30.6%-20% vs US avg
x
$466,400
Home Value
$1,771
Rent
1997
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 detached68.0%
  • 1-unit attached24.2%
  • 2-9 units1.8%
  • 10+ units6.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$466,400
Median rent$1,771
Owner-occupied86.2%
Vacant2.5%
Price-to-income3.1x
Est. income to buy$128,000