How much is a home worth in ZIP code 56301?

The typical home in 56301 is worth $313,726, based on the Zillow Home Value Index.

Are home values rising in 56301?

Home values in 56301 are up 3.8% over the past year, and up 5.8% a year over five years.

What is the typical rent in 56301?

A typical home in 56301 rents for about $1,317 a month, a gross rental yield of 5.0%.

What is the property tax rate in 56301?

The effective property tax rate in 56301 is 0.9% — roughly $2,918 a year on a typical home.

ZIP code 56301 has a population of 35,580 and a median household income of $73,142.

HousingHandbookReference data

…

U.S. ZIP Code · MN56301

Stearns County · St. Cloud, MN

Typical home value

$313,726^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.8%
5-year / yr: +5.8%
10-year / yr: +6.0%

Relative price

vs U.S.: +10.4%
vs metro: -7.8%
vs state: +5.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 56301 is worth $313,726 — 7.8% below the St. Cloud, MN median. Over the past year, values have risen 3.8%. Homes here rent for a typical $1,317 a month — a 5.0% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,317^[2]
Gross yield: 5.0%^[2]
Cap rate: 3.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $2,918^[3]

#Climate risk

FEMA National Risk Index ratings for Stearns County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 35,580^[3]
Median household income: $73,142^[3]

#Migration

Household moves in and out of Stearns County over a year, from IRS tax-return data.

Net migration: -412^[5]
Moved in: 4,381
Moved out: 4,793

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 3
Middle: 1
High: 2

TECHNICAL SENIOR HIGH
High · Grades 9–12 · ST. CLOUD PUBLIC SCHOOL DISTRICT
1,538 students
SOUTH JUNIOR HIGH
Middle · Grades 6–8 · ST. CLOUD PUBLIC SCHOOL DISTRICT
866 students
OAK HILL COMMUNITY ELEMENTARY
Elementary · Grades PK–5 · ST. CLOUD PUBLIC SCHOOL DISTRICT
752 students
Stride Academy K-8 Charter School
Elementary · Grades K–8 · STRIDE Academy
588 students
Athlos Academy of Saint Cloud
Elementary · Grades K–5 · Athlos Academy of Saint Cloud
256 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.0%

Net yield (after ~40% expenses)3.0%

Annual rent$15,800

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,586

Loan principal$250,981

Down payment$62,745

Total interest paid$320,112

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.59

Monthly cost to own$2,091

Monthly rent$1,317

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 46th percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 76th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 56301?: The typical home in 56301 is worth $313,726, based on the Zillow Home Value Index.
Are home values rising in 56301?: Home values in 56301 are up 3.8% over the past year, and up 5.8% a year over five years.
What is the typical rent in 56301?: A typical home in 56301 rents for about $1,317 a month, a gross rental yield of 5.0%.
What is the property tax rate in 56301?: The effective property tax rate in 56301 is 0.9% — roughly $2,918 a year on a typical home.
Who lives in 56301?: ZIP code 56301 has a population of 35,580 and a median household income of $73,142.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

56375 vs 56301 →
St. Stephen, MN
Typical home
$305,865
Gross yield
—
56378 vs 56301 →
Sauk Centre, MN
Typical home
$324,596
Gross yield
—
56379
Sauk Rapids, MN
Typical home
$300,671
Gross yield
—
56312
Belgrade, MN
Typical home
$328,956
Gross yield
—
56352
Melrose, MN
Typical home
$298,284
Gross yield
—
56362
Paynesville, MN
Typical home
$329,186
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN56301

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