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New Auburn city, MN

ZIP 55366 — 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 55366

Median Home Value
$142,000
Median Rent
$590
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$912/mo PITI).

10%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

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 55366 in New Auburn city, MN, a household would need roughly $39,000 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 $912. That sits below the local median household income ($70,000), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
83.0%+27% vs US avg
x
Vacancy Rate
9.4%-8% vs US avg
x
Broadband Access
83.5%-4% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
9.9%-22% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
19.4%-61% vs US avg
x
Mortgage-Free
46.4%+21% vs US avg
x
$142,000
Home Value
$590
Rent
1960
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached80.1%
  • 1-unit attached0.0%
  • 2-9 units5.0%
  • 10+ units0.5%
  • Mobile home & other14.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$142,000
Median rent$590
Owner-occupied83.0%
Vacant9.4%
Price-to-income2.0x
Est. income to buy$39,000