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Winona city, MN

ZIP 55987 — 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 55987

Median Home Value
$211,400
Median Rent
$730
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,358/mo PITI).

14%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

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

24.1 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 55987 in Winona city, MN, a household would need roughly $58,000 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 $1,358. That is roughly in line with the local median household income ($62,171). 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
62.8%-4% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
4.4%-71% vs US avg
x
Built Pre-1939
5.8%-55% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
24.7%-50% vs US avg
x
Mortgage-Free
38.2%-0% vs US avg
x
$211,400
Home Value
$730
Rent
1966
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached60.6%
  • 1-unit attached3.9%
  • 2-9 units15.6%
  • 10+ units17.9%
  • Mobile home & other2.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$211,400
Median rent$730
Owner-occupied62.8%
Vacant6.2%
Price-to-income3.4x
Est. income to buy$58,000