RentDataNowRentDataNow
ZIP Code · MN

ZIP 55057

Pop. 25,650·Rice County·66th most expensive ZIP in Minnesota
Median rent (all units)
$1,631/mo
Year-over-Year
Stable
Month-over-Month
-4.7%
vs US Median
-$334
Falling (Monthly)
Be the first to discuss 55057 rents ↓
Most AffordableMost Expensive
ZIP 55057 · $1,631
More affordable than 64% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,100
1 BR
$1,250
2 BR
$1,520
3 BR
$2,020
4 BR+
$2,270
Research median
$1,520/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$19,572/yr
At $1,631/mo median
Location
StateMN
CountyRice County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.7% MoM), not inventory.
Demographics

Who lives here

ZIP 55057 (Northfield, MN) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 50.5% of residents hold a bachelor's degree or higher.

Population
25,650
Median income
$92,622
Median age
32.2
Renters
25.7%
Age distribution
18.7%
33.9%
20.4%
16.8%
Under 1818.7%
18–3433.9%
35–5420.4%
55–6410.3%
65+16.8%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
82.3%
White82.3%
Black1.8%
Hispanic11.8%
Asian3.9%
Education (25+)
20.1%
25.8%
50.5%
No HS diploma3.6%
HS diploma20.1%
Some college25.8%
Bachelor's+50.5%
Housing tenure
74.3%
25.7%
Owner74.3%
Renter25.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 55057 in Northfield, MN has changed in 5 years

Income
$81,097 → $92,622
up 14.2%
Population
24,999 → 25,650
up 2.6%
Renter share
27.4% → 25.7%
-1.7 pts
Bachelor's+
48.2% → 50.5%
+2.3 pts

Median household income climbed from $81,097 to $92,622 between 2021 and 2024, a 14.2% shift. Census counts show ZIP 55057 in Northfield, MN adding about 651 residents over the five-year window, up 2.6% on net. The renter share has eased from 27.4% to 25.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.2% to 50.5% across the same window.

Community

Discussions about ZIP 55057

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 55057

About renting in ZIP 55057

Last updated: July 20, 2026

ZIP code 55057 covers Northfield, MN. The median rent here is $1,631/mo as of July 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,520/mo.

At 21% of local median household income ($92,622/yr), ZIP 55057 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55057?

As of July 20, 2026, the median monthly rent in ZIP 55057 (Northfield, MN) is $1,631. This is based on aggregated data from public sources and community submissions.

How does ZIP 55057 rent compare to the US average?

ZIP 55057's median rent of $1,631/mo is $334 (17%) below the US national median of $1,965/mo.

How does ZIP 55057 compare to other ZIPs in Minnesota?

ZIP 55057 falls in the middle range for Minnesota, ranking #66 out of 123 ZIPs at $1,631/mo.

How much income do you need to rent in ZIP 55057?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,631/mo in ZIP 55057. The local median household income is $92,622/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55057?

Rent in ZIP 55057 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 55057 an affordable place to rent?

ZIP 55057 is considered very affordable for renters. At $1,631/mo, rent takes approximately 21% of the local median household income ($92,622/yr). The standard benchmark is 30%. ZIP 55057 falls comfortably within that range.

What percentage of ZIP 55057 residents rent vs. own?

According to Census data, approximately 25.7% of ZIP 55057 households are renters, while 74.3% are owner-occupied. ZIP 55057 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55057 compare to the rest of Northfield?

ZIP 55057 is more affordable than Northfield overall. At $1,631/mo, it's $9 below the Northfield citywide median of $1,640/mo.

When was rent data for ZIP 55057 last updated?

Rent data for ZIP 55057 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,631/mo, rent takes ~21% of ZIP 55057's median household income ($92,622/yr). The standard benchmark is 30%.

ZIP 55057 21%Benchmark 30%
State income tax5.35–9.85%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 55057 (Northfield, MN)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.