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These days, finding an affordable place to live in the 56058 area can be challenging. Home prices in 56058 are now at a median cost of $291,984, lower than the Minnesota average of $345,793.
The average cost of rent is $971/mo in 56058, primarily driven by the current value of real estate in the 56058 area. In 56058, 23.55% of households rent, and 36.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56058 is $7,442 per month. Households that rent pay about 13.05% of their income on rent here. 56058’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 56044, MN: higher priced homes
- 56082, MN: equally priced homes
- 56057, MN: less expensive homes
- 56017, MN: higher priced homes
- 56069, MN: equally priced homes
- 55334, MN: less expensive homes
- 56071, MN: higher priced homes
- 56052, MN: higher priced homes
- 55396, MN: less expensive homes
- 56054, MN: less expensive homes
Zip Codes with Similar Populations
- 68066, NE: less expensive homes
- 15133, PA: less expensive homes
- 15222, PA: higher priced homes
- 15552, PA: less expensive homes
- 15851, PA: less expensive homes
- 16142, PA: less expensive homes
- 17043, PA: less expensive homes
- 18091, PA: equally priced homes
- 36271, AL: less expensive homes
- 19543, PA: higher priced homes
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