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These days, finding an affordable place to live in the 56065 area can be challenging. Home prices in 56065 are now at a median cost of $221,234, lower than the Minnesota average of $345,793.
The average cost of rent is $957/mo in 56065, primarily driven by the current value of real estate in the 56065 area. In 56065, 16.56% of households rent, and 28.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56065 is $7,565 per month. Households that rent pay about 12.65% of their income on rent here. 56065’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 56068, MN: less expensive homes
- 56037, MN: higher priced homes
- 56078, MN: equally priced homes
- 56080, MN: higher priced homes
- 56010, MN: less expensive homes
- 56091, MN: equally priced homes
- 56090, MN: less expensive homes
- 56034, MN: higher priced homes
- 56072, MN: less expensive homes
- 56093, MN: equally priced homes
Zip Codes with Similar Populations
- 75630, TX: less expensive homes
- 50144, IA: less expensive homes
- 53570, WI: higher priced homes
- 56477, MN: less expensive homes
- 59729, MT: higher priced homes
- 66054, KS: higher priced homes
- 72513, AR: less expensive homes
- 73059, OK: less expensive homes
- 74041, OK: equally priced homes
- 74435, OK: less expensive homes
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