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Rockville city, MN

ZIP 56320 — 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 56320

Median Home Value
$312,000
Median Rent
$972
Affordability Snapshot
$86,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,004/mo PITI).

13%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

26.7 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 56320 in Rockville city, MN, a household would need roughly $86,000 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 $2,004. That is roughly in line with the local median household income ($90,346). 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
82.1%+26% vs US avg
x
Vacancy Rate
9.5%-8% vs US avg
x
Broadband Access
86.7%-0% vs US avg
x
4+ Bedrooms
5.1%-65% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
19.3%-61% vs US avg
x
Mortgage-Free
44.0%+15% vs US avg
x
$312,000
Home Value
$972
Rent
1985
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 detached79.9%
  • 1-unit attached5.3%
  • 2-9 units3.7%
  • 10+ units8.3%
  • Mobile home & other2.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$312,000
Median rent$972
Owner-occupied82.1%
Vacant9.5%
Price-to-income3.5x
Est. income to buy$86,000