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These days, finding an affordable place to live in the 56042 area can be challenging. Home prices in 56042 are now at a median cost of $171,417, lower than the Minnesota average of $269,934.
The average cost of rent is $705/mo in 56042, primarily driven by the current value of real estate in the 56042 area. While nearly 37.74% of residents own their homes outright in 56042, 15.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56042 is $5,866 per month. Households that rent pay about 12.03% of their income on rent here. 56042's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56032, MN: less expensive homes
- 56072, MN: equally priced homes
- 56016, MN: equally priced homes
- 56026, MN: equally priced homes
- 56035, MN: equally priced homes
- 56097, MN: less expensive homes
- 56091, MN: higher priced homes
- 56045, MN: equally priced homes
- 56046, MN: higher priced homes
- 56068, MN: less expensive homes
Zip Codes with Similar Populations
- 99658, AK: less expensive homes
- 03853, NH: higher priced homes
- 04535, ME: higher priced homes
- 04763, ME: less expensive homes
- 12503, NY: higher priced homes
- 12494, NY: higher priced homes
- 05062, VT: higher priced homes
- 05778, VT: higher priced homes
- 15362, PA: less expensive homes
- 08345, NJ: less expensive homes
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