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These days, finding an affordable place to live in the 56169 area can be challenging. Home prices in 56169 are now at a median cost of $188,911, lower than the Minnesota average of $345,793.
The average cost of rent is $758/mo in 56169, primarily driven by the current value of real estate in the 56169 area. In 56169, 7.47% of households rent, and 50.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56169 is $7,374 per month. Households that rent pay about 10.28% of their income on rent here. 56169’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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
- 56157, MN: higher priced homes
- 56115, MN: less expensive homes
- 56178, MN: less expensive homes
- 56113, MN: higher priced homes
- 56258, MN: higher priced homes
- 56149, MN: less expensive homes
- 56142, MN: less expensive homes
- 56175, MN: less expensive homes
- 56263, MN: less expensive homes
- 56136, MN: equally priced homes
Zip Codes with Similar Populations
- 04573, ME: higher priced homes
- 04774, ME: less expensive homes
- 15538, PA: less expensive homes
- 66840, KS: less expensive homes
- 62885, IL: less expensive homes
- 62977, IL: less expensive homes
- 63388, MO: less expensive homes
- 64074, MO: higher priced homes
- 64483, MO: equally priced homes
- 64848, MO: equally priced homes
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