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Rochester city, MN

ZIP 55901 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55901

Median Home Value
$290,000
Median Rent
$1,215
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,863/mo PITI).

16%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

19.9 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 55901 in Rochester city, MN, a household would need roughly $80,000 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 $1,863. That sits below the local median household income ($90,430), 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
64.1%-2% vs US avg
x
Vacancy Rate
5.6%-46% vs US avg
x
Broadband Access
91.3%+5% vs US avg
x
4+ Bedrooms
6.6%-55% vs US avg
x
Built Pre-1939
2.6%-80% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
20.5%-59% vs US avg
x
Mortgage-Free
34.2%-11% vs US avg
x
$290,000
Home Value
$1,215
Rent
1989
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached56.7%
  • 1-unit attached11.2%
  • 2-9 units11.0%
  • 10+ units20.6%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$290,000
Median rent$1,215
Owner-occupied64.1%
Vacant5.6%
Price-to-income3.2x
Est. income to buy$80,000