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These days, finding an affordable place to live in the 56098 area can be challenging. Home prices in 56098 are now at a median cost of $104,209, lower than the Minnesota average of $269,934.
The average cost of rent is $639/mo in 56098, primarily driven by the current value of real estate in the 56098 area. While nearly 60.74% of residents own their homes outright in 56098, 20.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56098 is $4,914 per month. Households that rent pay about 12.99% of their income on rent here. 56098's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56047, MN: higher priced homes
- 56023, MN: higher priced homes
- 56010, MN: higher priced homes
- 56013, MN: higher priced homes
- 56039, MN: higher priced homes
- 56075, MN: higher priced homes
- 56025, MN: higher priced homes
- 56088, MN: equally priced homes
- 56031, MN: higher priced homes
- 56068, MN: higher priced homes
Zip Codes with Similar Populations
- 76630, TX: higher priced homes
- 23954, VA: higher priced homes
- 23960, VA: higher priced homes
- 25555, WV: higher priced homes
- 28684, NC: higher priced homes
- 29152, SC: higher priced homes
- 83622, ID: higher priced homes
- 38573, TN: higher priced homes
- 79346, TX: less expensive homes
- 03266, NH: higher priced homes
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