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These days, finding an affordable place to live in the 56036 area can be challenging. Home prices in 56036 are now at a median cost of $189,834, lower than the Minnesota average of $345,793.
The average cost of rent is $942/mo in 56036, primarily driven by the current value of real estate in the 56036 area. In 56036, 16.07% of households rent, and 49.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56036 is $6,233 per month. Households that rent pay about 15.11% of their income on rent here. 56036’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 56043, MN: equally priced homes
- 50459, IA: less expensive homes
- 56089, MN: higher priced homes
- 56007, MN: less expensive homes
- 56029, MN: less expensive homes
- 56020, MN: higher priced homes
- 50426, IA: higher priced homes
- 55953, MN: equally priced homes
- 55912, MN: less expensive homes
- 50450, IA: less expensive homes
Zip Codes with Similar Populations
- 79019, TX: less expensive homes
- 32334, FL: less expensive homes
- 36028, AL: less expensive homes
- 36321, AL: less expensive homes
- 39747, MS: less expensive homes
- 42740, KY: higher priced homes
- 43837, OH: less expensive homes
- 44859, OH: higher priced homes
- 58059, ND: higher priced homes
- 72645, AR: less expensive homes
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