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These days, finding an affordable place to live in the 56221 area can be challenging. Home prices in 56221 are now at a median cost of $102,874, lower than the Minnesota average of $269,934.
The average cost of rent is $720/mo in 56221, primarily driven by the current value of real estate in the 56221 area. While nearly 50.76% of residents own their homes outright in 56221, 19.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56221 is $5,312 per month. Households that rent pay about 13.55% of their income on rent here. 56221's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56207, MN: higher priced homes
- 56236, MN: higher priced homes
- 56240, MN: higher priced homes
- 56267, MN: higher priced homes
- 56225, MN: higher priced homes
- 56210, MN: equally priced homes
- 56244, MN: higher priced homes
- 56323, MN: higher priced homes
- 56211, MN: higher priced homes
- 56381, MN: higher priced homes
Zip Codes with Similar Populations
- 52766, IA: higher priced homes
- 69028, NE: higher priced homes
- 68727, NE: higher priced homes
- 68710, NE: equally priced homes
- 68401, NE: higher priced homes
- 67004, KS: higher priced homes
- 57528, SD: equally priced homes
- 57314, SD: higher priced homes
- 56575, MN: higher priced homes
- 56157, MN: higher priced homes
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