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Breckenridge city, MN

ZIP 56520 — 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 56520

Median Home Value
$152,600
Median Rent
$401
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$980/mo PITI).

8%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

31.7 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 56520 in Breckenridge city, MN, a household would need roughly $42,000 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 $980. That sits below the local median household income ($61,537), 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 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.6%+11% vs US avg
x
Vacancy Rate
11.0%+7% vs US avg
x
Broadband Access
83.8%-4% vs US avg
x
4+ Bedrooms
11.8%-20% vs US avg
x
Built Pre-1939
5.2%-59% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
21.3%-57% vs US avg
x
Mortgage-Free
37.7%-1% vs US avg
x
$152,600
Home Value
$401
Rent
1971
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached65.8%
  • 1-unit attached1.9%
  • 2-9 units10.1%
  • 10+ units16.6%
  • Mobile home & other5.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$152,600
Median rent$401
Owner-occupied72.6%
Vacant11.0%
Price-to-income2.5x
Est. income to buy$42,000