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These days, finding an affordable place to live in the 56134 area can be challenging. Home prices in 56134 are now at a median cost of $197,300, lower than the Minnesota average of $345,793.
The average cost of rent is $665/mo in 56134, primarily driven by the current value of real estate in the 56134 area. In 56134, 17.87% of households rent, and 55.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56134 is $5,439 per month. Households that rent pay about 12.22% of their income on rent here. 56134’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 56147, MN: equally priced homes
- 56177, MN: higher priced homes
- 56128, MN: less expensive homes
- 56156, MN: equally priced homes
- 56144, MN: less expensive homes
- 56153, MN: less expensive homes
- 56158, MN: higher priced homes
- 56155, MN: less expensive homes
- 56116, MN: higher priced homes
- 57030, SD: higher priced homes
Zip Codes with Similar Populations
- 70038, LA: less expensive homes
- 58562, ND: less expensive homes
- 58580, ND: less expensive homes
- 59223, MT: higher priced homes
- 59241, MT: less expensive homes
- 59259, MT: equally priced homes
- 59430, MT: higher priced homes
- 61340, IL: less expensive homes
- 62556, IL: less expensive homes
- 65067, MO: less expensive homes
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