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Alberta city, MN

ZIP 56207 — 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 56207

Median Home Value
$80,000
Median Rent
$332
Affordability Snapshot
$22,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$514/mo PITI).

5%
Rent-to-Income Ratio

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

0.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.1 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 56207 in Alberta city, MN, a household would need roughly $22,000 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 $514. That sits below the local median household income ($85,357), 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
76.6%+17% vs US avg
x
Vacancy Rate
11.3%+10% vs US avg
x
Broadband Access
74.5%-14% vs US avg
x
4+ Bedrooms
8.5%-43% vs US avg
x
Built Pre-1939
13.2%+3% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
4.5%-91% vs US avg
x
Mortgage-Free
61.1%+60% vs US avg
x
$80,000
Home Value
$332
Rent
1950
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached89.6%
  • 1-unit attached0.0%
  • 2-9 units5.7%
  • 10+ units0.0%
  • Mobile home & other4.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$80,000
Median rent$332
Owner-occupied76.6%
Vacant11.3%
Price-to-income0.9x
Est. income to buy$22,000