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Moorhead city, MN

ZIP 56560 — 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 56560

Median Home Value
$248,900
Median Rent
$884
Affordability Snapshot
$69,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,599/mo PITI).

15%
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.

23.5 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 56560 in Moorhead city, MN, a household would need roughly $69,000 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 $1,599. That is roughly in line with the local median household income ($71,114). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.7%-9% vs US avg
x
Vacancy Rate
4.7%-54% vs US avg
x
Broadband Access
87.3%+0% vs US avg
x
4+ Bedrooms
6.4%-57% vs US avg
x
Built Pre-1939
2.5%-81% vs US avg
x
Built Post-2014
1.9%-72% vs US avg
x
Rent Burden >30%
27.4%-45% vs US avg
x
Mortgage-Free
34.2%-10% vs US avg
x
$248,900
Home Value
$884
Rent
1983
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached53.3%
  • 1-unit attached10.2%
  • 2-9 units9.0%
  • 10+ units26.4%
  • Mobile home & other1.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$248,900
Median rent$884
Owner-occupied59.7%
Vacant4.7%
Price-to-income3.5x
Est. income to buy$69,000