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These days, finding an affordable place to live in the 56122 area can be challenging. Home prices in 56122 are now at a median cost of $100,928, lower than the Minnesota average of $269,934.
The average cost of rent is $640/mo in 56122, primarily driven by the current value of real estate in the 56122 area. While nearly 65.29% of residents own their homes outright in 56122, 9.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56122 is $5,677 per month. Households that rent pay about 11.27% of their income on rent here. 56122's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 56153, MN: equally priced homes
- 56151, MN: higher priced homes
- 56141, MN: equally priced homes
- 56128, MN: higher priced homes
- 56186, MN: higher priced homes
- 56172, MN: higher priced homes
- 56177, MN: higher priced homes
- 56139, MN: higher priced homes
- 56114, MN: higher priced homes
- 56131, MN: higher priced homes
Zip Codes with Similar Populations
- 41817, KY: less expensive homes
- 97412, OR: higher priced homes
- 47524, IN: higher priced homes
- 47519, IN: higher priced homes
- 98814, WA: higher priced homes
- 46759, IN: higher priced homes
- 45770, OH: less expensive homes
- 44689, OH: higher priced homes
- 42371, KY: higher priced homes
- 42361, KY: equally priced homes
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