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Motley city, MN

ZIP 56466 — 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 56466

Median Home Value
$217,200
Median Rent
$532
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,395/mo PITI).

11%
Rent-to-Income Ratio

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

3.7x
Home Price-to-Income Ratio

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

34.0 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 56466 in Motley city, MN, a household would need roughly $60,000 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 $1,395. That is roughly in line with the local median household income ($59,046). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 36% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.7%+30% vs US avg
x
Vacancy Rate
35.5%+245% vs US avg
x
Broadband Access
84.5%-3% vs US avg
x
4+ Bedrooms
4.1%-73% vs US avg
x
Built Pre-1939
5.3%-58% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
10.7%-79% vs US avg
x
Mortgage-Free
44.8%+17% vs US avg
x
$217,200
Home Value
$532
Rent
1982
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached78.4%
  • 1-unit attached2.0%
  • 2-9 units2.3%
  • 10+ units2.8%
  • Mobile home & other14.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$217,200
Median rent$532
Owner-occupied84.7%
Vacant35.5%
Price-to-income3.7x
Est. income to buy$60,000