US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 56304
  5. Housing & Real Estate
St. Cloud city, MN

ZIP 56304 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56304

Median Home Value
$230,600
Median Rent
$837
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,481/mo PITI).

19%
Rent-to-Income Ratio

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

4.3x
Home Price-to-Income Ratio

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

23.0 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 56304 in St. Cloud city, MN, a household would need roughly $63,000 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 $1,481. That is about 16% above the local median household income ($54,133), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
44.1%-33% vs US avg
x
Vacancy Rate
6.4%-38% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
7.5%-50% vs US avg
x
Built Pre-1939
2.9%-77% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
27.7%-44% vs US avg
x
Mortgage-Free
43.0%+13% vs US avg
x
$230,600
Home Value
$837
Rent
1980
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached44.3%
  • 1-unit attached4.7%
  • 2-9 units7.3%
  • 10+ units38.9%
  • Mobile home & other4.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$230,600
Median rent$837
Owner-occupied44.1%
Vacant6.4%
Price-to-income4.3x
Est. income to buy$63,000