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These days, finding an affordable place to live in the 56214 area can be challenging. Home prices in 56214 are now at a median cost of $149,518, lower than the Minnesota average of $269,934.
The average cost of rent is $742/mo in 56214, primarily driven by the current value of real estate in the 56214 area. While nearly 60.99% of residents own their homes outright in 56214, 13.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56214 is $5,324 per month. Households that rent pay about 13.95% of their income on rent here. 56214's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
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- 56245, MN: equally priced homes
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- 56230, MN: higher priced homes
- 56229, MN: higher priced homes
Zip Codes with Similar Populations
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