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These days, finding an affordable place to live in the 56153 area can be challenging. Home prices in 56153 are now at a median cost of $153,500, lower than the Minnesota average of $345,793.
The average cost of rent is $725/mo in 56153, primarily driven by the current value of real estate in the 56153 area. In 56153, 10.29% of households rent, and 51.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56153 is $5,625 per month. Households that rent pay about 12.89% of their income on rent here. 56153’s most expensive areas are in the central 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: higher priced homes
- 56155, MN: equally priced homes
- 56128, MN: equally priced homes
- 56122, MN: equally priced homes
- 56185, MN: higher priced homes
- 56134, MN: higher priced homes
- 56141, MN: higher priced homes
- 56177, MN: higher priced homes
- 56165, MN: higher priced homes
- 56140, MN: less expensive homes
Zip Codes with Similar Populations
- 87499, NM: less expensive homes
- 99630, AK: less expensive homes
- 15476, PA: less expensive homes
- 15502, PA: higher priced homes
- 15520, PA: less expensive homes
- 15544, PA: less expensive homes
- 43553, OH: higher priced homes
- 43972, OH: higher priced homes
- 16694, PA: less expensive homes
- 87512, NM: higher priced homes
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