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These days, finding an affordable place to live in the 56175 area can be challenging. Home prices in 56175 are now at a median cost of $148,598, lower than the Minnesota average of $345,793.
The average cost of rent is $770/mo in 56175, primarily driven by the current value of real estate in the 56175 area. In 56175, 17.58% of households rent, and 62.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56175 is $5,825 per month. Households that rent pay about 13.22% of their income on rent here. 56175’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 56132, MN: higher priced homes
- 56180, MN: less expensive homes
- 56115, MN: higher priced homes
- 56166, MN: less expensive homes
- 56157, MN: higher priced homes
- 56169, MN: higher priced homes
- 56152, MN: equally priced homes
- 56294, MN: higher priced homes
- 56170, MN: higher priced homes
- 56083, MN: less expensive homes
Zip Codes with Similar Populations
- 16049, PA: less expensive homes
- 26547, WV: higher priced homes
- 38015, TN: higher priced homes
- 31744, GA: equally priced homes
- 79525, TX: less expensive homes
- 50579, IA: less expensive homes
- 51002, IA: equally priced homes
- 54814, WI: higher priced homes
- 56438, MN: higher priced homes
- 56515, MN: higher priced homes
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