ZIP Code · MN

ZIP 55313

Part of Buffalo, MN
Pop. 24,913·Wright County·66th most expensive ZIP in Minnesota
Median rent (all units)
$1,663/mo
Year-over-Year
Stable
Month-over-Month
+0.3%
vs US Median
-$269
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 55313 · $1,663
More affordable than 61% of US ZIP codes · National median $1,932/mo
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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

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($92,455) is $2,311 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,270).

From Zillow's monthly rent index (ZORI) for ZIP 55313. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,956/yr
At $1,663/mo median
Location
StateMN
CountyWright County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 55313 (Buffalo, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 31.3% of residents hold a bachelor's degree or higher.

Population
24,913
Median income
$92,455
Median age
40
Renters
20.5%
Age distribution
25.1%
17.6%
27%
13.3%
17.1%
Under 1825.1%
18–3417.6%
35–5427%
55–6413.3%
65+17.1%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
91.6%
White91.6%
Hispanic3.5%
Asian1.3%
Other3.5%
Education (25+)
28%
35.3%
31.3%
No HS diploma5.5%
HS diploma28%
Some college35.3%
Bachelor's+31.3%
Housing tenure
79.5%
20.5%
Owner79.5%
Renter20.5%

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

2021 vs 2026

How ZIP 55313 in Buffalo, MN has changed in 5 years

Income
$82,389 → $92,455
up 12.2%
Population
25,118 → 24,913
down 0.8%
Renter share
19.5% → 20.5%
+1.0 pts
Bachelor's+
28.4% → 31.3%
+2.9 pts

On the earnings side, the typical household in ZIP 55313 in Buffalo, MN now reports about $92,455, up from $82,389 in 2021. College-educated residents now make up 31.3% of adults here, versus 28.4% in 2021.

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Local insights

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About renting in ZIP 55313

Last updated: October 17, 2026

ZIP code 55313 covers Buffalo, MN. The median rent here is $1,663/mo as of October 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,520/mo.

At 22% of local median household income ($92,455/yr), ZIP 55313 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 income do you need to rent in ZIP 55313?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,663/mo in ZIP 55313. The local median household income is $92,455/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55313?

Rent in ZIP 55313 has been roughly flat over the past year, a 0.0% change.

How does ZIP 55313 compare to other ZIPs in Minnesota?

ZIP 55313 is in the middle among Minnesota ZIP codes for rent, ranking #66 of 123 at $1,663/mo.

How does ZIP 55313 compare to the rest of Buffalo?

ZIP 55313 sits right at the Buffalo citywide median of $1,663/mo.
Income Affordability
22%
VERY AFFORDABLE

At $1,663/mo, rent takes ~22% of ZIP 55313's median household income ($92,455/yr). The standard benchmark is 30%.

ZIP 55313 22%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55313 (Buffalo, MN)

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