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Menahga city, MN

ZIP 56464 — 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 56464

Median Home Value
$195,400
Median Rent
$675
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,255/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.

24.1 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 56464 in Menahga city, MN, a household would need roughly $54,000 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 $1,255. That sits below the local median household income ($70,505), 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 31% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.8%+25% vs US avg
x
Vacancy Rate
30.7%+198% vs US avg
x
Broadband Access
86.3%-1% vs US avg
x
4+ Bedrooms
5.9%-60% vs US avg
x
Built Pre-1939
4.3%-67% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
21.6%-57% vs US avg
x
Mortgage-Free
44.3%+16% vs US avg
x
$195,400
Home Value
$675
Rent
1982
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 detached81.3%
  • 1-unit attached0.9%
  • 2-9 units2.0%
  • 10+ units3.7%
  • Mobile home & other12.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$195,400
Median rent$675
Owner-occupied81.8%
Vacant30.7%
Price-to-income2.8x
Est. income to buy$54,000