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These days, finding an affordable place to live in the 56046 area can be challenging. Home prices in 56046 are now at a median cost of $208,100, lower than the Minnesota average of $269,934.
The average cost of rent is $975/mo in 56046, primarily driven by the current value of real estate in the 56046 area. While nearly 40.29% of residents own their homes outright in 56046, 5.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56046 is $7,662 per month. Households that rent pay about 12.73% of their income on rent here. 56046's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 56026, MN: less expensive homes
- 55060, MN: equally priced homes
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- 56072, MN: less expensive homes
- 55917, MN: less expensive homes
- 56093, MN: less expensive homes
- 55924, MN: less expensive homes
- 56042, MN: less expensive homes
- 56091, MN: equally priced homes
- 55927, MN: less expensive homes
Zip Codes with Similar Populations
- 79776, TX: less expensive homes
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- 56720, MN: less expensive homes
- 72052, AR: less expensive homes
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- 78585, TX: less expensive homes
- 78670, TX: equally priced homes
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