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These days, finding an affordable place to live in the 56051 area can be challenging. Home prices in 56051 are now at a median cost of $53,900, lower than the Minnesota average of $269,934.
The average cost of rent is $857/mo in 56051, primarily driven by the current value of real estate in the 56051 area. While nearly 64.40% of residents own their homes outright in 56051, 16.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56051 is $3,677 per month. Households that rent pay about 23.31% of their income on rent here. 56051's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 50473, IA: higher priced homes
- 56014, MN: higher priced homes
- 56020, MN: higher priced homes
- 56029, MN: higher priced homes
- 56033, MN: higher priced homes
- 50465, IA: higher priced homes
- 56009, MN: higher priced homes
- 50450, IA: higher priced homes
- 56089, MN: higher priced homes
- 56007, MN: higher priced homes
Zip Codes with Similar Populations
- 50523, IA: higher priced homes
- 83239, ID: higher priced homes
- 80457, CO: higher priced homes
- 79718, TX: higher priced homes
- 78558, TX: higher priced homes
- 78535, TX: higher priced homes
- 78402, TX: higher priced homes
- 58346, ND: higher priced homes
- 57031, SD: higher priced homes
- 54560, WI: higher priced homes
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