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These days, finding an affordable place to live in the 56025 area can be challenging. Home prices in 56025 are now at a median cost of $178,624, lower than the Minnesota average of $345,793.
The average cost of rent is $1,026/mo in 56025, primarily driven by the current value of real estate in the 56025 area. In 56025, 11.49% of households rent, and 51.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56025 is $7,811 per month. Households that rent pay about 13.13% of their income on rent here. 56025’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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
- 56023, MN: equally priced homes
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- 56047, MN: higher priced homes
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- 56009, MN: equally priced homes
- 56020, MN: higher priced homes
Zip Codes with Similar Populations
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- 98581, WA: higher priced homes
- 50119, IA: equally priced homes
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