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These days, finding an affordable place to live in the 56173 area can be challenging. Home prices in 56173 are now at a median cost of $230,483, lower than the Minnesota average of $345,793.
The average cost of rent is $873/mo in 56173, primarily driven by the current value of real estate in the 56173 area. In 56173, 18.86% of households rent, and 49.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56173 is $6,348 per month. Households that rent pay about 13.75% of their income on rent here. 56173’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern 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
- 56138, MN: less expensive homes
- 51242, IA: higher priced homes
- 51246, IA: equally priced homes
- 56116, MN: higher priced homes
- 56146, MN: higher priced homes
- 56156, MN: equally priced homes
- 51241, IA: higher priced homes
- 56129, MN: less expensive homes
- 57068, SD: higher priced homes
- 56158, MN: equally priced homes
Zip Codes with Similar Populations
- 41607, KY: less expensive homes
- 78122, TX: less expensive homes
- 73761, OK: less expensive homes
- 72517, AR: less expensive homes
- 49921, MI: equally priced homes
- 45746, OH: less expensive homes
- 45372, OH: equally priced homes
- 45358, OH: less expensive homes
- 44671, OH: less expensive homes
- 43722, OH: less expensive homes
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