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These days, finding an affordable place to live in the 56143 area can be challenging. Home prices in 56143 are now at a median cost of $128,421, lower than the Minnesota average of $269,934.
The average cost of rent is $788/mo in 56143, primarily driven by the current value of real estate in the 56143 area. While nearly 45.80% of residents own their homes outright in 56143, 26.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56143 is $4,824 per month. Households that rent pay about 16.33% of their income on rent here. 56143's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56111, MN: equally priced homes
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- 56161, MN: higher priced homes
- 56181, MN: equally priced homes
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- 56167, MN: equally priced homes
- 56119, MN: higher priced homes
Zip Codes with Similar Populations
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