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Affordable
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These days, finding an affordable place to live in the 56211 area can be challenging. Home prices in 56211 are now at a median cost of $233,095, lower than the Minnesota average of $345,793.
The average cost of rent is $750/mo in 56211, primarily driven by the current value of real estate in the 56211 area. In 56211, 13.85% of households rent, and 59.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56211 is $6,623 per month. Households that rent pay about 11.32% of their income on rent here. 56211’s most expensive areas are in the central 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
- 56219, MN: less expensive homes
- 56210, MN: less expensive homes
- 57279, SD: less expensive homes
- 56240, MN: less expensive homes
- 56225, MN: less expensive homes
- 57257, SD: less expensive homes
- 56236, MN: less expensive homes
- 57262, SD: less expensive homes
- 56221, MN: less expensive homes
- 57239, SD: equally priced homes
Zip Codes with Similar Populations
- 61735, IL: less expensive homes
- 57348, SD: less expensive homes
- 57716, SD: less expensive homes
- 58079, ND: higher priced homes
- 01438, MA: higher priced homes
- 59434, MT: less expensive homes
- 60931, IL: less expensive homes
- 61007, IL: equally priced homes
- 61563, IL: less expensive homes
- 57238, SD: higher priced homes
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