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These days, finding an affordable place to live in the 56083 area can be challenging. Home prices in 56083 are now at a median cost of $125,323, lower than the Minnesota average of $345,793.
The average cost of rent is $395/mo in 56083, primarily driven by the current value of real estate in the 56083 area. In 56083, 10.39% of households rent, and 64.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56083 is $5,948 per month. Households that rent pay about 6.64% of their income on rent here. 56083’s most expensive areas are in the northwestern 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
- 56152, MN: equally priced homes
- 56087, MN: higher priced homes
- 56294, MN: higher priced homes
- 56166, MN: equally priced homes
- 56224, MN: higher priced homes
- 56019, MN: higher priced homes
- 56180, MN: equally priced homes
- 56085, MN: higher priced homes
- 56175, MN: higher priced homes
- 56041, MN: higher priced homes
Zip Codes with Similar Populations
- 01378, MA: higher priced homes
- 15671, PA: higher priced homes
- 14825, NY: equally priced homes
- 13813, NY: higher priced homes
- 13486, NY: higher priced homes
- 12878, NY: higher priced homes
- 12863, NY: higher priced homes
- 12786, NY: higher priced homes
- 12457, NY: higher priced homes
- 04760, ME: higher priced homes
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