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These days, finding an affordable place to live in the 56224 area can be challenging. Home prices in 56224 are now at a median cost of $144,508, lower than the Minnesota average of $269,934.
The average cost of rent is $763/mo in 56224, primarily driven by the current value of real estate in the 56224 area. While nearly 56.66% of residents own their homes outright in 56224, 12.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56224 is $5,646 per month. Households that rent pay about 13.51% of their income on rent here. 56224's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56266, MN: less expensive homes
- 56294, MN: higher priced homes
- 56293, MN: equally priced homes
- 56087, MN: less expensive homes
- 56083, MN: less expensive homes
- 56152, MN: less expensive homes
- 56287, MN: equally priced homes
- 56085, MN: equally priced homes
- 56255, MN: less expensive homes
- 56166, MN: less expensive homes
Zip Codes with Similar Populations
- 71472, LA: equally priced homes
- 56550, MN: less expensive homes
- 57269, SD: equally priced homes
- 64674, MO: higher priced homes
- 66738, KS: less expensive homes
- 67491, KS: higher priced homes
- 67581, KS: less expensive homes
- 68448, NE: less expensive homes
- 68932, NE: less expensive homes
- 68971, NE: less expensive homes
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