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These days, finding an affordable place to live in the 56183 area can be challenging. Home prices in 56183 are now at a median cost of $130,769, lower than the Minnesota average of $345,793.
The average cost of rent is $680/mo in 56183, primarily driven by the current value of real estate in the 56183 area. In 56183, 28.40% of households rent, and 61.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56183 is $4,304 per month. Households that rent pay about 15.79% of their income on rent here. 56183’s most expensive areas are in the southeastern 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
- 56174, MN: equally priced homes
- 56125, MN: higher priced homes
- 56123, MN: higher priced homes
- 56114, MN: higher priced homes
- 56145, MN: equally priced homes
- 56172, MN: higher priced homes
- 56132, MN: higher priced homes
- 56118, MN: higher priced homes
- 56151, MN: higher priced homes
- 56159, MN: higher priced homes
Zip Codes with Similar Populations
- 61259, IL: higher priced homes
- 71323, LA: higher priced homes
- 68939, NE: less expensive homes
- 68924, NE: higher priced homes
- 68863, NE: equally priced homes
- 68418, NE: higher priced homes
- 66035, KS: equally priced homes
- 64448, MO: higher priced homes
- 62026, IL: higher priced homes
- 61847, IL: higher priced homes
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