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These days, finding an affordable place to live in the 56174 area can be challenging. Home prices in 56174 are now at a median cost of $142,472, lower than the Minnesota average of $345,793.
The average cost of rent is $888/mo in 56174, primarily driven by the current value of real estate in the 56174 area. In 56174, 21.03% of households rent, and 60.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56174 is $6,613 per month. Households that rent pay about 13.44% of their income on rent here. 56174’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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
- 56183, MN: equally priced homes
- 56145, MN: less expensive homes
- 56125, MN: higher priced homes
- 56118, MN: higher priced homes
- 56114, MN: higher priced homes
- 56123, MN: higher priced homes
- 56159, MN: higher priced homes
- 56019, MN: higher priced homes
- 56172, MN: higher priced homes
- 56022, MN: higher priced homes
Zip Codes with Similar Populations
- 72573, AR: equally priced homes
- 68820, NE: higher priced homes
- 71630, AR: less expensive homes
- 72072, AR: less expensive homes
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- 72430, AR: less expensive homes
- 72524, AR: higher priced homes
- 72533, AR: equally priced homes
- 72571, AR: less expensive homes
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