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These days, finding an affordable place to live in the 56141 area can be challenging. Home prices in 56141 are now at a median cost of $168,211, lower than the Minnesota average of $345,793.
The average cost of rent is $770/mo in 56141, primarily driven by the current value of real estate in the 56141 area. In 56141, 9.48% of households rent, and 64.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56141 is $5,330 per month. Households that rent pay about 14.45% of their income on rent here. 56141’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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
- 56122, MN: equally priced homes
- 56185, MN: higher priced homes
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- 56155, MN: equally priced homes
- 56165, MN: higher priced homes
- 56128, MN: equally priced homes
- 56147, MN: higher priced homes
- 56119, MN: higher priced homes
Zip Codes with Similar Populations
- 41819, KY: less expensive homes
- 73646, OK: equally priced homes
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- 45671, OH: less expensive homes
- 45378, OH: higher priced homes
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