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These days, finding an affordable place to live in the 56037 area can be challenging. Home prices in 56037 are now at a median cost of $262,225, lower than the Minnesota average of $269,934.
The average cost of rent is $856/mo in 56037, primarily driven by the current value of real estate in the 56037 area. While nearly 37.33% of residents own their homes outright in 56037, 8.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56037 is $7,577 per month. Households that rent pay about 11.30% of their income on rent here. 56037's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56034, MN: less expensive homes
- 56065, MN: less expensive homes
- 56090, MN: less expensive homes
- 56001, MN: less expensive homes
- 56080, MN: less expensive homes
- 56003, MN: less expensive homes
- 56055, MN: less expensive homes
- 56024, MN: less expensive homes
- 56078, MN: less expensive homes
- 56048, MN: less expensive homes
Zip Codes with Similar Populations
- 01081, MA: less expensive homes
- 96857, HI: higher priced homes
- 89835, NV: less expensive homes
- 83250, ID: equally priced homes
- 80650, CO: higher priced homes
- 77455, TX: less expensive homes
- 74865, OK: less expensive homes
- 73728, OK: less expensive homes
- 72070, AR: less expensive homes
- 35963, AL: less expensive homes
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