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These days, finding an affordable place to live in the 56010 area can be challenging. Home prices in 56010 are now at a median cost of $171,384, lower than the Minnesota average of $345,793.
The average cost of rent is $790/mo in 56010, primarily driven by the current value of real estate in the 56010 area. In 56010, 14.56% of households rent, and 55.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56010 is $6,382 per month. Households that rent pay about 12.38% of their income on rent here. 56010’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 56090, MN: higher priced homes
- 56098, MN: less expensive homes
- 56047, MN: higher priced homes
- 56023, MN: equally priced homes
- 56065, MN: higher priced homes
- 56060, MN: equally priced homes
- 56088, MN: less expensive homes
- 56025, MN: equally priced homes
- 56075, MN: higher priced homes
- 56068, MN: equally priced homes
Zip Codes with Similar Populations
- 54763, WI: higher priced homes
- 76652, TX: higher priced homes
- 76484, TX: higher priced homes
- 76228, TX: higher priced homes
- 75556, TX: less expensive homes
- 74574, OK: less expensive homes
- 74428, OK: less expensive homes
- 73951, OK: less expensive homes
- 69024, NE: less expensive homes
- 57566, SD: less expensive homes
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