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These days, finding an affordable place to live in the 56078 area can be challenging. Home prices in 56078 are now at a median cost of $196,592, lower than the Minnesota average of $269,934.
The average cost of rent is $781/mo in 56078, primarily driven by the current value of real estate in the 56078 area. While nearly 45.00% of residents own their homes outright in 56078, 11.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56078 is $5,977 per month. Households that rent pay about 13.07% of their income on rent here. 56078's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56080, MN: equally priced homes
- 56091, MN: equally priced homes
- 56048, MN: equally priced homes
- 56065, MN: equally priced homes
- 56024, MN: higher priced homes
- 56037, MN: higher priced homes
- 56093, MN: less expensive homes
- 56001, MN: higher priced homes
- 56003, MN: higher priced homes
- 56034, MN: higher priced homes
Zip Codes with Similar Populations
- 97122, OR: higher priced homes
- 57227, SD: less expensive homes
- 57268, SD: less expensive homes
- 57317, SD: less expensive homes
- 97622, OR: higher priced homes
- 57788, SD: less expensive homes
- 58374, ND: less expensive homes
- 58467, ND: less expensive homes
- 58487, ND: less expensive homes
- 57219, SD: less expensive homes
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