Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 56214, Minnesota?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 56214, Minnesota (ZIP 56214) is $838/month (±$119), based on Census ACS 5-Year estimates (2024). The median home value is $130,400 (±$28,530), and the median household income is $90,694/year. The unemployment rate in Redwood County, Minnesota was 3.4% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 56214
| Metric | Value |
|---|---|
| Median Gross Rent | $838 |
| Median Home Value | $130,400 |
| Median Household Income | $90,694 |
| Total Housing Units | 253 |
| Renter-Occupied Units | 53 |
| Renter-Occupied Share | 21% |
| Households Paying 50%+ Income | 16 households |
| Unemployment Rate(April 2026) | 3.4% |
How does ZIP 56214 compare?
Median gross rent ranked against all ZIP codes in Minnesota.
Higher rent than 36% of ZIP codes in Minnesota · 488th of 759
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 55042 | $2,407 |
| 2 | ZCTA5 55001 | $2,333 |
| 3 | ZCTA5 55054 | $2,200 |
| … 484 more … | ||
| 488 | ZCTA5 56214(you are here) | $838 |
| … 268 more … | ||
| 757 | ZCTA5 56527 | $390 |
| 758 | ZCTA5 55764 | $336 |
| 759 | ZCTA5 56591 | $196 |
Geography
ZIP 56214 is in Redwood County, Minnesota.
It covers part of Belview city, Minnesota.
More data for ZCTA5 56214
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Frequently asked questions
What is the average rent in ZCTA5 56214, Minnesota?
The median gross rent in ZCTA5 56214, Minnesota (ZIP 56214) is $838/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 56214, Minnesota?
The median rent for a 2-bedroom in ZCTA5 56214, Minnesota is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 56214, Minnesota?
The median home value in ZCTA5 56214, Minnesota (ZIP 56214) is $130,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 56214 are rent-burdened?
In ZCTA5 56214, Minnesota, 16 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 56214, Minnesota?
The median household income in ZCTA5 56214, Minnesota is $90,694/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $838 has a margin of error of ±$119. In very small areas, MOEs can be large relative to the estimate.
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