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Claremont city, MN

ZIP 55924 — 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 55924

Median Home Value
$230,800
Median Rent
$683
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,483/mo PITI).

10%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

28.2 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 55924 in Claremont 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 $1,483. That sits below the local median household income ($78,194), 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

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
89.3%+37% vs US avg
x
Vacancy Rate
11.5%+11% vs US avg
x
Broadband Access
83.3%-4% vs US avg
x
4+ Bedrooms
6.6%-56% vs US avg
x
Built Pre-1939
5.3%-59% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
26.9%-46% vs US avg
x
Mortgage-Free
35.5%-7% vs US avg
x
$230,800
Home Value
$683
Rent
1954
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached88.9%
  • 1-unit attached3.1%
  • 2-9 units1.5%
  • 10+ units1.3%
  • Mobile home & other5.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$230,800
Median rent$683
Owner-occupied89.3%
Vacant11.5%
Price-to-income3.0x
Est. income to buy$64,000