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These days, finding an affordable place to live in the 56157 area can be challenging. Home prices in 56157 are now at a median cost of $221,374, lower than the Minnesota average of $269,934.
The average cost of rent is $899/mo in 56157, primarily driven by the current value of real estate in the 56157 area. While nearly 44.11% of residents own their homes outright in 56157, 18.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56157 is $6,233 per month. Households that rent pay about 14.43% of their income on rent here. 56157's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
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- 56255, MN: less expensive homes
Zip Codes with Similar Populations
- 15551, PA: less expensive homes
- 04859, ME: higher priced homes
- 13782, NY: equally priced homes
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- 65790, MO: less expensive homes
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