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These days, finding an affordable place to live in the 56142 area can be challenging. Home prices in 56142 are now at a median cost of $127,286, lower than the Minnesota average of $345,793.
The average cost of rent is $676/mo in 56142, primarily driven by the current value of real estate in the 56142 area. In 56142, 21.52% of households rent, and 66.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56142 is $5,076 per month. Households that rent pay about 13.33% of their income on rent here. 56142’s most expensive areas are in the eastern 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
- 56113, MN: higher priced homes
- 56136, MN: higher priced homes
- 56264, MN: higher priced homes
- 57213, SD: higher priced homes
- 56169, MN: higher priced homes
- 56157, MN: higher priced homes
- 56239, MN: higher priced homes
- 57276, SD: higher priced homes
- 56258, MN: higher priced homes
- 57268, SD: higher priced homes
Zip Codes with Similar Populations
- 14822, NY: less expensive homes
- 87053, NM: higher priced homes
- 95528, CA: higher priced homes
- 95651, CA: higher priced homes
- 24352, VA: higher priced homes
- 23856, VA: equally priced homes
- 22716, VA: higher priced homes
- 22480, VA: higher priced homes
- 20690, MD: higher priced homes
- 19492, PA: higher priced homes
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