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Finlayson city, MN

ZIP 55735 — 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 55735

Median Home Value
$233,500
Median Rent
$729
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,500/mo PITI).

14%
Rent-to-Income Ratio

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

3.8x
Home Price-to-Income Ratio

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

26.7 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 55735 in Finlayson city, MN, a household would need roughly $64,000 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 $1,500. That is roughly in line with the local median household income ($62,125). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 43% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
92.4%+41% vs US avg
x
Vacancy Rate
43.1%+318% vs US avg
x
Broadband Access
77.5%-11% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
2.7%-60% vs US avg
x
Rent Burden >30%
20.0%-60% vs US avg
x
Mortgage-Free
49.7%+30% vs US avg
x
$233,500
Home Value
$729
Rent
1981
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 detached85.1%
  • 1-unit attached0.8%
  • 2-9 units0.9%
  • 10+ units0.9%
  • Mobile home & other12.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$233,500
Median rent$729
Owner-occupied92.4%
Vacant43.1%
Price-to-income3.8x
Est. income to buy$64,000