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These days, finding an affordable place to live in the 56150 area can be challenging. Home prices in 56150 are now at a median cost of $121,480, lower than the Minnesota average of $269,934.
The average cost of rent is $822/mo in 56150, primarily driven by the current value of real estate in the 56150 area. While nearly 53.39% of residents own their homes outright in 56150, 17.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56150 is $4,979 per month. Households that rent pay about 16.50% of their income on rent here. 56150's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56161, MN: higher priced homes
- 56143, MN: equally priced homes
- 56119, MN: higher priced homes
- 56167, MN: equally priced homes
- 56111, MN: equally priced homes
- 56187, MN: higher priced homes
- 56127, MN: less expensive homes
- 56171, MN: equally priced homes
- 56176, MN: less expensive homes
- 56165, MN: higher priced homes
Zip Codes with Similar Populations
- 03608, NH: higher priced homes
- 87008, NM: higher priced homes
- 85324, AZ: higher priced homes
- 80442, CO: higher priced homes
- 78409, TX: less expensive homes
- 77702, TX: less expensive homes
- 76823, TX: equally priced homes
- 76524, TX: higher priced homes
- 74330, OK: higher priced homes
- 56342, MN: higher priced homes
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