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Le Center city, MN

ZIP 56057 — 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 56057

Median Home Value
$233,300
Median Rent
$765
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,499/mo PITI).

11%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.4 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 56057 in Le Center 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 $1,499. That sits below the local median household income ($81,895), 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
77.5%+18% vs US avg
x
Vacancy Rate
7.5%-27% vs US avg
x
Broadband Access
82.0%-6% vs US avg
x
4+ Bedrooms
8.3%-44% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
24.6%-50% vs US avg
x
Mortgage-Free
33.0%-14% vs US avg
x
$233,300
Home Value
$765
Rent
1966
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached85.5%
  • 1-unit attached0.7%
  • 2-9 units4.1%
  • 10+ units6.4%
  • Mobile home & other3.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$233,300
Median rent$765
Owner-occupied77.5%
Vacant7.5%
Price-to-income2.8x
Est. income to buy$64,000