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These days, finding an affordable place to live in the 56060 area can be challenging. Home prices in 56060 are now at a median cost of $106,841, lower than the Minnesota average of $269,934.
The average cost of rent is $534/mo in 56060, primarily driven by the current value of real estate in the 56060 area. While nearly 53.02% of residents own their homes outright in 56060, 16.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56060 is $6,154 per month. Households that rent pay about 8.68% of their income on rent here. 56060's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56088, MN: equally priced homes
- 56062, MN: higher priced homes
- 56081, MN: equally priced homes
- 56056, MN: higher priced homes
- 56090, MN: higher priced homes
- 56010, MN: higher priced homes
- 56162, MN: higher priced homes
- 56034, MN: higher priced homes
- 56160, MN: higher priced homes
- 56120, MN: equally priced homes
Zip Codes with Similar Populations
- 50032, IA: higher priced homes
- 80474, CO: higher priced homes
- 79788, TX: less expensive homes
- 79742, TX: less expensive homes
- 79544, TX: less expensive homes
- 79046, TX: equally priced homes
- 55026, MN: higher priced homes
- 54850, WI: higher priced homes
- 54657, WI: higher priced homes
- 54485, WI: higher priced homes
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