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These days, finding an affordable place to live in the 56088 area can be challenging. Home prices in 56088 are now at a median cost of $100,305, lower than the Minnesota average of $269,934.
The average cost of rent is $607/mo in 56088, primarily driven by the current value of real estate in the 56088 area. While nearly 46.44% of residents own their homes outright in 56088, 24.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56088 is $5,031 per month. Households that rent pay about 12.07% of their income on rent here. 56088's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56075, MN: higher priced homes
- 56060, MN: equally priced homes
- 56162, MN: higher priced homes
- 56047, MN: higher priced homes
- 56098, MN: equally priced homes
- 56010, MN: higher priced homes
- 56081, MN: equally priced homes
- 56176, MN: equally priced homes
- 56090, MN: higher priced homes
- 56160, MN: higher priced homes
Zip Codes with Similar Populations
- 16865, PA: higher priced homes
- 32359, FL: higher priced homes
- 25082, WV: higher priced homes
- 24324, VA: higher priced homes
- 24069, VA: higher priced homes
- 22660, VA: higher priced homes
- 20818, MD: higher priced homes
- 17721, PA: higher priced homes
- 16878, PA: higher priced homes
- 14741, NY: equally priced homes
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