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Baudette city, MN

ZIP 56623 — 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 56623

Median Home Value
$227,800
Median Rent
$729
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,463/mo PITI).

12%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

26.0 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 56623 in Baudette city, MN, a household would need roughly $63,000 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 $1,463. That sits below the local median household income ($74,000), 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 42% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.7%+30% vs US avg
x
Vacancy Rate
41.6%+303% vs US avg
x
Broadband Access
90.5%+4% vs US avg
x
4+ Bedrooms
6.0%-60% vs US avg
x
Built Pre-1939
1.2%-91% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.0%-60% vs US avg
x
Mortgage-Free
55.9%+46% vs US avg
x
$227,800
Home Value
$729
Rent
1988
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached65.3%
  • 1-unit attached0.9%
  • 2-9 units1.8%
  • 10+ units6.8%
  • Mobile home & other25.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$227,800
Median rent$729
Owner-occupied84.7%
Vacant41.6%
Price-to-income3.1x
Est. income to buy$63,000