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These days, finding an affordable place to live in the 56166 area can be challenging. Home prices in 56166 are now at a median cost of $87,672, lower than the Minnesota average of $269,934.
The average cost of rent is $534/mo in 56166, primarily driven by the current value of real estate in the 56166 area. While nearly 59.33% of residents own their homes outright in 56166, 17.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56166 is $4,783 per month. Households that rent pay about 11.16% of their income on rent here. 56166's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56152, MN: higher priced homes
- 56180, MN: equally priced homes
- 56294, MN: higher priced homes
- 56083, MN: equally priced homes
- 56175, MN: higher priced homes
- 56224, MN: higher priced homes
- 56087, MN: higher priced homes
- 56132, MN: higher priced homes
- 56019, MN: higher priced homes
- 56115, MN: higher priced homes
Zip Codes with Similar Populations
- 12855, NY: higher priced homes
- 78885, TX: higher priced homes
- 78860, TX: higher priced homes
- 79011, TX: higher priced homes
- 79236, TX: less expensive homes
- 79378, TX: higher priced homes
- 79503, TX: less expensive homes
- 79733, TX: higher priced homes
- 80476, CO: higher priced homes
- 14874, NY: higher priced homes
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