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These days, finding an affordable place to live in the 56168 area can be challenging. Home prices in 56168 are now at a median cost of $174,577, lower than the Minnesota average of $345,793.
The average cost of rent is $861/mo in 56168, primarily driven by the current value of real estate in the 56168 area. In 56168, 16.76% of households rent, and 54.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56168 is $5,823 per month. Households that rent pay about 14.79% of their income on rent here. 56168’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 56110, MN: equally priced homes
- 56165, MN: higher priced homes
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- 56155, MN: less expensive homes
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- 56158, MN: higher priced homes
- 56146, MN: higher priced homes
- 56147, MN: equally priced homes
Zip Codes with Similar Populations
- 67035, KS: less expensive homes
- 59524, MT: equally priced homes
- 61436, IL: equally priced homes
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- 62536, IL: higher priced homes
- 62894, IL: less expensive homes
- 66415, KS: less expensive homes
- 57353, SD: equally priced homes
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