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ZIP Code · MN

ZIP 56560

Part of Moorhead, MN
Pop. 44,405·Clay County·114th most expensive ZIP in Minnesota
Median rent (all units)
$1,258/mo
Year-over-Year
-5.7%
Month-over-Month
-5.8%
vs US Median
-$707
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 56560 · $1,258
More affordable than 89% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$970
2 BR
$1,170
3 BR
$1,630
4 BR+
$1,960
Research median
$1,170/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
$15,096/yr
At $1,258/mo median
Location
StateMN
CountyClay County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.7% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.7% YoY, -5.8% MoM), not inventory.
Demographics

Who lives here

ZIP 56560 (Moorhead, MN) is majority owner-occupied, 41.6% of residents hold a bachelor's degree or higher.

Population
44,405
Median income
$75,406
Median age
32.9
Renters
41%
Age distribution
24.1%
28.4%
24.5%
13.3%
Under 1824.1%
18–3428.4%
35–5424.5%
55–649.7%
65+13.3%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
82.4%
White82.4%
Black6.3%
Hispanic5.3%
Asian1.9%
Other4%
Education (25+)
21.7%
32.1%
41.6%
No HS diploma4.6%
HS diploma21.7%
Some college32.1%
Bachelor's+41.6%
Housing tenure
59%
41%
Owner59%
Renter41%

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

2021 vs 2026

How ZIP 56560 in Moorhead, MN has changed in 5 years

Income
$64,129 → $75,406
up 17.6%
Population
43,302 → 44,405
up 2.5%
Renter share
39.9% → 41%
+1.1 pts
Bachelor's+
39.3% → 41.6%
+2.3 pts

Household income in the area moved from $64,129 to $75,406 across the same window, up 17.6% versus 2021. Census counts show ZIP 56560 in Moorhead, MN adding about 1,103 residents over the five-year window, up 2.5% on net. Bachelor's-degree-or-higher attainment moved from 39.3% to 41.6% across the same window.

Community

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Local insights

Tips for renters in ZIP 56560

About renting in ZIP 56560

Last updated: July 20, 2026

ZIP code 56560 covers Moorhead, MN. The median rent here is $1,258/mo as of July 2026. A 1-bedroom rents for a median of $970/mo. A 2-bedroom rents for a median of $1,170/mo.

At 20% of local median household income ($75,406/yr), ZIP 56560 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 56560?

As of July 20, 2026, the median monthly rent in ZIP 56560 (Moorhead, MN) is $1,258. This is based on aggregated data from public sources and community submissions.

How does ZIP 56560 rent compare to the US average?

ZIP 56560's median rent of $1,258/mo is $707 (36%) below the US national median of $1,965/mo.

How does ZIP 56560 compare to other ZIPs in Minnesota?

ZIP 56560 is among the more affordable ZIP codes in Minnesota, ranking #114 out of 123 ZIPs at $1,258/mo.

How much income do you need to rent in ZIP 56560?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,258/mo in ZIP 56560. The local median household income is $75,406/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 56560?

Rent in ZIP 56560 has decreased 5.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 56560 an affordable place to rent?

ZIP 56560 is considered very affordable for renters. At $1,258/mo, rent takes approximately 20% of the local median household income ($75,406/yr). The standard benchmark is 30%. ZIP 56560 falls comfortably within that range.

What percentage of ZIP 56560 residents rent vs. own?

According to Census data, approximately 41% of ZIP 56560 households are renters, while 59% are owner-occupied. ZIP 56560 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 56560 compare to the rest of Moorhead?

ZIP 56560 sits right at the Moorhead citywide median of $1,258/mo.

When was rent data for ZIP 56560 last updated?

Rent data for ZIP 56560 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,258/mo, rent takes ~20% of ZIP 56560's median household income ($75,406/yr). The standard benchmark is 30%.

ZIP 56560 20%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 56560 (Moorhead, MN)

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