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These days, finding an affordable place to live in the 56096 area can be challenging. Home prices in 56096 are now at a median cost of $277,651, lower than the Minnesota average of $345,793.
The average cost of rent is $917/mo in 56096, primarily driven by the current value of real estate in the 56096 area. In 56096, 18.23% of households rent, and 38.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56096 is $7,569 per month. Households that rent pay about 12.12% of their income on rent here. 56096’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 56028, MN: higher priced homes
- 56052, MN: higher priced homes
- 55052, MN: equally priced homes
- 55087, MN: higher priced homes
- 56048, MN: less expensive homes
- 56063, MN: higher priced homes
- 56017, MN: higher priced homes
- 56057, MN: equally priced homes
- 56024, MN: equally priced homes
- 55021, MN: equally priced homes
Zip Codes with Similar Populations
- 60520, IL: higher priced homes
- 39335, MS: less expensive homes
- 39364, MS: less expensive homes
- 41168, KY: less expensive homes
- 04040, ME: equally priced homes
- 42266, KY: less expensive homes
- 44656, OH: less expensive homes
- 44814, OH: less expensive homes
- 44880, OH: less expensive homes
- 54872, WI: less expensive homes
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