Minnesota

Nobles County

ZIP 56187

22,067 residents101 permits TTM$65,509 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$179,200

ACS 5-Year

Cap rate proxy

5.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.8%

HUD FMR ÷ ACS HHI

Net migration

+0.30%

IRS SOI

Permits (TTM)

101

Census BPS

Climate risk

50.2

FEMA NRI (0–100)

ZIP 56187

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 3.7R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown10 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
561100.3
561870.3
56117
56119
56129
56153
56155
56165
56168
56185

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

71.9%

Census ACS

Vacancy rate

8.4%

Census ACS

Bachelor's degree +

17.7%

Census ACS

Rent burdened

30.2%

Census ACS (>30% income)

Median age

36.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026