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These days, finding an affordable place to live in the 56172 area can be challenging. Home prices in 56172 are now at a median cost of $162,822, lower than the Minnesota average of $269,934.
The average cost of rent is $589/mo in 56172, primarily driven by the current value of real estate in the 56172 area. While nearly 53.69% of residents own their homes outright in 56172, 22.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56172 is $5,576 per month. Households that rent pay about 10.56% of their income on rent here. 56172's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 56114, MN: less expensive homes
- 56123, MN: equally priced homes
- 56151, MN: less expensive homes
- 56125, MN: less expensive homes
- 56122, MN: less expensive homes
- 56132, MN: higher priced homes
- 56183, MN: less expensive homes
- 56186, MN: higher priced homes
- 56170, MN: less expensive homes
- 56174, MN: less expensive homes
Zip Codes with Similar Populations
- 05655, VT: higher priced homes
- 12484, NY: higher priced homes
- 16049, PA: less expensive homes
- 17771, PA: equally priced homes
- 17889, PA: higher priced homes
- 75974, TX: less expensive homes
- 55334, MN: equally priced homes
- 55760, MN: higher priced homes
- 56438, MN: equally priced homes
- 58852, ND: higher priced homes
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