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These days, finding an affordable place to live in the 56089 area can be challenging. Home prices in 56089 are now at a median cost of $198,200, lower than the Minnesota average of $269,934.
The average cost of rent is $600/mo in 56089, primarily driven by the current value of real estate in the 56089 area. While nearly 48.97% of residents own their homes outright in 56089, 7.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56089 is $6,362 per month. Households that rent pay about 9.43% of their income on rent here. 56089's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 56029, MN: less expensive homes
- 56020, MN: equally priced homes
- 56007, MN: less expensive homes
- 56036, MN: less expensive homes
- 56009, MN: less expensive homes
- 56043, MN: less expensive homes
- 50450, IA: less expensive homes
- 50459, IA: less expensive homes
- 50473, IA: less expensive homes
- 56051, MN: less expensive homes
Zip Codes with Similar Populations
- 06243, CT: higher priced homes
- 12792, NY: equally priced homes
- 12031, NY: less expensive homes
- 12024, NY: higher priced homes
- 98297, WA: higher priced homes
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- 08248, NJ: higher priced homes
- 06336, CT: higher priced homes
- 06264, CT: higher priced homes
- 12812, NY: higher priced homes
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