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These days, finding an affordable place to live in the 56022 area can be challenging. Home prices in 56022 are now at a median cost of $145,000, lower than the Minnesota average of $269,934.
The average cost of rent is $820/mo in 56022, primarily driven by the current value of real estate in the 56022 area. While nearly 59.80% of residents own their homes outright in 56022, 7.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56022 is $6,146 per month. Households that rent pay about 13.34% of their income on rent here. 56022's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 56019, MN: equally priced homes
- 56120, MN: less expensive homes
- 56159, MN: less expensive homes
- 56081, MN: less expensive homes
- 56056, MN: higher priced homes
- 56118, MN: higher priced homes
- 56145, MN: less expensive homes
- 56041, MN: equally priced homes
- 56062, MN: equally priced homes
- 56060, MN: less expensive homes
Zip Codes with Similar Populations
- 03293, NH: higher priced homes
- 99923, AK: higher priced homes
- 99836, AK: higher priced homes
- 99825, AK: higher priced homes
- 99565, AK: less expensive homes
- 99561, AK: less expensive homes
- 99146, WA: higher priced homes
- 99014, WA: higher priced homes
- 15378, PA: higher priced homes
- 13436, NY: higher priced homes
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