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These days, finding an affordable place to live in the 56223 area can be challenging. Home prices in 56223 are now at a median cost of $110,487, lower than the Minnesota average of $269,934.
The average cost of rent is $701/mo in 56223, primarily driven by the current value of real estate in the 56223 area. While nearly 47.94% of residents own their homes outright in 56223, 18.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56223 is $5,104 per month. Households that rent pay about 13.75% of their income on rent here. 56223's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 56218, MN: higher priced homes
- 56245, MN: higher priced homes
- 56241, MN: higher priced homes
- 56229, MN: higher priced homes
- 56297, MN: equally priced homes
- 56291, MN: higher priced homes
- 56280, MN: higher priced homes
- 56237, MN: equally priced homes
- 56285, MN: higher priced homes
- 56220, MN: higher priced homes
Zip Codes with Similar Populations
- 86032, AZ: higher priced homes
- 17260, PA: higher priced homes
- 18425, PA: higher priced homes
- 18636, PA: higher priced homes
- 22709, VA: higher priced homes
- 22938, VA: higher priced homes
- 24314, VA: equally priced homes
- 24579, VA: higher priced homes
- 79851, TX: less expensive homes
- 83444, ID: higher priced homes
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