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ZIP Code · MN

ZIP 55376

Pop. 20,106·Wright County·49th most expensive ZIP in Minnesota
Median rent (all units)
$1,778/mo
Year-over-Year
+8.2%
Month-over-Month
-9.0%
vs US Median
-$187
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55376 · $1,778
More affordable than 53% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$21,336/yr
At $1,778/mo median
Location
StateMN
CountyWright County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 8.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+8.2% YoY, -9.0% MoM), not inventory.
Demographics

Who lives here

ZIP 55376 (Saint Michael, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 43.5% of residents hold a bachelor's degree or higher.

Population
20,106
Median income
$131,266
Median age
37.6
Renters
9.3%
Age distribution
27.6%
19.1%
30.9%
12.1%
Under 1827.6%
18–3419.1%
35–5430.9%
55–6412.1%
65+10.4%
Gender
54.1%
45.9%
Male54.1%
Female45.9%
Race & ethnicity
85.5%
White85.5%
Black5.1%
Hispanic3.2%
Asian2.7%
Other3.5%
Education (25+)
19.7%
34.9%
43.5%
No HS diploma1.9%
HS diploma19.7%
Some college34.9%
Bachelor's+43.5%
Housing tenure
90.7%
Owner90.7%
Renter9.3%

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

2021 vs 2026

How ZIP 55376 in Saint Michael, MN has changed in 5 years

Income
$119,000 → $131,266
up 10.3%
Population
17,992 → 20,106
up 11.7%
Renter share
8.5% → 9.3%
+0.8 pts
Bachelor's+
46.6% → 43.5%
-3.1 pts
Median age
34.3 → 37.6
+3.3 yrs

Median household income climbed from $119,000 to $131,266 between 2021 and 2024, a 10.3% shift. Census counts show ZIP 55376 in Saint Michael, MN adding about 2,114 residents over the five-year window, up 11.7% on net. Bachelor's-degree-or-higher attainment moved from 46.6% to 43.5% across the same window.

Community

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Local insights

Tips for renters in ZIP 55376

About renting in ZIP 55376

Last updated: July 20, 2026

ZIP code 55376 covers Saint Michael, MN. The median rent here is $1,778/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 16% of local median household income ($131,266/yr), ZIP 55376 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55376?

As of July 20, 2026, the median monthly rent in ZIP 55376 (Saint Michael, MN) is $1,778. This is based on aggregated data from public sources and community submissions.

How does ZIP 55376 rent compare to the US average?

ZIP 55376's median rent of $1,778/mo is $187 (10%) below the US national median of $1,965/mo.

How does ZIP 55376 compare to other ZIPs in Minnesota?

ZIP 55376 falls in the middle range for Minnesota, ranking #49 out of 123 ZIPs at $1,778/mo.

How much income do you need to rent in ZIP 55376?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,778/mo in ZIP 55376. The local median household income is $131,266/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55376?

Rent in ZIP 55376 has increased 8.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55376 an affordable place to rent?

ZIP 55376 is considered very affordable for renters. At $1,778/mo, rent takes approximately 16% of the local median household income ($131,266/yr). The standard benchmark is 30%. ZIP 55376 falls comfortably within that range.

What percentage of ZIP 55376 residents rent vs. own?

According to Census data, approximately 9.3% of ZIP 55376 households are renters, while 90.7% are owner-occupied. ZIP 55376 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55376 compare to the rest of Saint Michael?

ZIP 55376 sits right at the Saint Michael citywide median of $1,778/mo.

When was rent data for ZIP 55376 last updated?

Rent data for ZIP 55376 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
16%
VERY AFFORDABLE

At $1,778/mo, rent takes ~16% of ZIP 55376's median household income ($131,266/yr). The standard benchmark is 30%.

ZIP 55376 16%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

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