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These days, finding an affordable place to live in the 56043 area can be challenging. Home prices in 56043 are now at a median cost of $148,425, lower than the Minnesota average of $269,934.
The average cost of rent is $613/mo in 56043, primarily driven by the current value of real estate in the 56043 area. While nearly 40.16% of residents own their homes outright in 56043, 8.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56043 is $7,048 per month. Households that rent pay about 8.70% of their income on rent here. 56043's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56007, MN: equally priced homes
- 56036, MN: equally priced homes
- 56045, MN: higher priced homes
- 56016, MN: higher priced homes
- 56089, MN: higher priced homes
- 55912, MN: equally priced homes
- 56020, MN: higher priced homes
- 55950, MN: higher priced homes
- 56009, MN: less expensive homes
- 56029, MN: less expensive homes
Zip Codes with Similar Populations
- 48721, MI: equally priced homes
- 74060, OK: equally priced homes
- 73736, OK: higher priced homes
- 73726, OK: less expensive homes
- 73537, OK: less expensive homes
- 73056, OK: less expensive homes
- 72739, AR: higher priced homes
- 72668, AR: higher priced homes
- 72536, AR: less expensive homes
- 72410, AR: less expensive homes
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