North Dakota

Steele County

ZIP 58056

1,731 residents2 permits TTM$80,313 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$120,400

ACS 5-Year

Cap rate proxy

6.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

9.4%

HUD FMR ÷ ACS HHI

Net migration

IRS SOI

Permits (TTM)

2

Census BPS

Climate risk

6.6

FEMA NRI (0–100)

ZIP 58056

Median home value

$120,400

Gross yield

8.7%

Cap rate

6.3%

Rent gap

27.8%

Affordability

P/I: 1.5R/I:

Section 8 detail

SAFMR: $873Rent: $630Gap: 38.6%
ZIP code breakdown6 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
58046$120,400county est.$9709.7%6.3%35.0%
58056$120,400county est.$8738.7%6.3%27.8%
58230$120,400county est.$8738.7%6.3%27.8%
58240$205,719$8735.1%3.7%27.8%
58274$120,400county est.$8738.7%6.3%27.8%

Ranked by composite score

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Demographics

Owner-occupied

77.8%

Census ACS

Vacancy rate

34.7%

Census ACS

Bachelor's degree +

29.6%

Census ACS

Rent burdened

9.9%

Census ACS (>30% income)

Median age

46.4

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