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Long Prairie city, MN

ZIP 56347 — 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 56347

Median Home Value
$178,900
Median Rent
$801
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,149/mo PITI).

15%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.6 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 56347 in Long Prairie city, MN, a household would need roughly $49,000 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 $1,149. That sits below the local median household income ($65,650), 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 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.6%+20% vs US avg
x
Vacancy Rate
10.5%+2% vs US avg
x
Broadband Access
77.2%-11% vs US avg
x
4+ Bedrooms
5.1%-65% vs US avg
x
Built Pre-1939
6.3%-51% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
14.0%-72% vs US avg
x
Mortgage-Free
45.6%+19% vs US avg
x
$178,900
Home Value
$801
Rent
1972
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached78.1%
  • 1-unit attached2.2%
  • 2-9 units3.5%
  • 10+ units10.1%
  • Mobile home & other6.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$178,900
Median rent$801
Owner-occupied78.6%
Vacant10.5%
Price-to-income2.7x
Est. income to buy$49,000