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These days, finding an affordable place to live in the 56019 area can be challenging. Home prices in 56019 are now at a median cost of $193,924, lower than the Minnesota average of $345,793.
The average cost of rent is $718/mo in 56019, primarily driven by the current value of real estate in the 56019 area. In 56019, 13.12% of households rent, and 59.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56019 is $6,486 per month. Households that rent pay about 11.08% of their income on rent here. 56019’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 56022, MN: equally priced homes
- 56087, MN: less expensive homes
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- 56145, MN: less expensive homes
- 56085, MN: less expensive homes
- 56056, MN: higher priced homes
- 56041, MN: equally priced homes
- 56152, MN: less expensive homes
- 56174, MN: less expensive homes
- 56062, MN: equally priced homes
Zip Codes with Similar Populations
- 15856, PA: less expensive homes
- 12815, NY: higher priced homes
- 62934, IL: less expensive homes
- 62625, IL: higher priced homes
- 63039, MO: higher priced homes
- 63530, MO: less expensive homes
- 63829, MO: less expensive homes
- 63954, MO: less expensive homes
- 65640, MO: less expensive homes
- 66872, KS: less expensive homes
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