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Bemidji city, MN

ZIP 56601 — 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 56601

Median Home Value
$242,400
Median Rent
$914
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,557/mo PITI).

16%
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.

22.1 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 56601 in Bemidji city, MN, a household would need roughly $67,000 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 $1,557. That is roughly in line with the local median household income ($69,782). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
66.9%+2% vs US avg
x
Vacancy Rate
12.6%+23% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
5.4%-63% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
20.7%-58% vs US avg
x
Mortgage-Free
44.6%+17% vs US avg
x
$242,400
Home Value
$914
Rent
1987
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached65.2%
  • 1-unit attached3.6%
  • 2-9 units6.0%
  • 10+ units14.3%
  • Mobile home & other10.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$242,400
Median rent$914
Owner-occupied66.9%
Vacant12.6%
Price-to-income3.5x
Est. income to buy$67,000