HousingHandbookReference data

U.S. ZIP Code · MN56601

Beltrami County

Typical home value

$282,154[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.8%
5-year / yr
+6.5%
10-year / yr
+6.0%

Relative price

vs U.S.
≈ U.S. median
vs metro
vs state
-5.2%
ZIP 56601 location in MN
Location of ZIP 56601 in MN

Price history

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

The typical home in 56601 is worth $282,154. Over the past year, values have risen 3.8%. Homes here rent for a typical $1,451 a month — a 6.2% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
$1,451[2]
Gross yield
6.2%[2]
Cap rate
3.7%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$2,387[3]

#Climate risk

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

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

#Who lives here

Population
34,784[3]
Median household income
$72,262[3]

#Migration

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

Net migration
-46[5]
Moved in
1,056
Moved out
1,102

Schools

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

Public schools
22
Elementary
7
Middle
4
High
7
  • BEMIDJI SENIOR HIGH

    High · Grades 9–12 · BEMIDJI PUBLIC SCHOOL DISTRICT

    1,516 students

  • BEMIDJI MIDDLE

    Middle · Grades 6–8 · BEMIDJI PUBLIC SCHOOL DISTRICT

    1,035 students

  • Gene Dillon Elementary School

    Elementary · Grades 4–5 · BEMIDJI PUBLIC SCHOOL DISTRICT

    679 students

  • LINCOLN ELEMENTARY

    Elementary · Grades PK–3 · BEMIDJI PUBLIC SCHOOL DISTRICT

    320 students

  • HORACE MAY ELEMENTARY

    Elementary · Grades PK–3 · BEMIDJI PUBLIC SCHOOL DISTRICT

    307 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.

Gross yield6.2%
Net yield (after ~40% expenses)3.7%
Annual rent$17,410

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.

Monthly payment$1,427
Loan principal$225,723
Down payment$56,431
Total interest paid$287,897

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.

Own : rent ratio1.28
Monthly cost to own$1,862
Monthly rent$1,451

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 56601?
The typical home in 56601 is worth $282,154, based on the Zillow Home Value Index.
Are home values rising in 56601?
Home values in 56601 are up 3.8% over the past year, and up 6.5% a year over five years.
What is the typical rent in 56601?
A typical home in 56601 rents for about $1,451 a month, a gross rental yield of 6.2%.
What is the property tax rate in 56601?
The effective property tax rate in 56601 is 0.8% — roughly $2,387 a year on a typical home.
Who lives in 56601?
ZIP code 56601 has a population of 34,784 and a median household income of $72,262.

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