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These days, finding an affordable place to live in the 56024 area can be challenging. Home prices in 56024 are now at a median cost of $219,811, lower than the Minnesota average of $269,934.
The average cost of rent is $1,222/mo in 56024, primarily driven by the current value of real estate in the 56024 area. While nearly 39.91% of residents own their homes outright in 56024, 29.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56024 is $6,710 per month. Households that rent pay about 18.21% of their income on rent here. 56024's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56063, MN: higher priced homes
- 56001, MN: equally priced homes
- 56080, MN: less expensive homes
- 56003, MN: equally priced homes
- 56050, MN: higher priced homes
- 56048, MN: equally priced homes
- 56028, MN: higher priced homes
- 56078, MN: less expensive homes
- 56037, MN: higher priced homes
- 56096, MN: equally priced homes
Zip Codes with Similar Populations
- 02635, MA: higher priced homes
- 65704, MO: less expensive homes
- 55917, MN: less expensive homes
- 55032, MN: higher priced homes
- 45118, OH: less expensive homes
- 75792, TX: less expensive homes
- 24104, VA: higher priced homes
- 18660, PA: less expensive homes
- 12015, NY: equally priced homes
- 10004, NY: higher priced homes
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