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These days, finding an affordable place to live in the 56226 area can be challenging. Home prices in 56226 are now at a median cost of $170,765, lower than the Minnesota average of $269,934.
The average cost of rent is $892/mo in 56226, primarily driven by the current value of real estate in the 56226 area. While nearly 47.62% of residents own their homes outright in 56226, 9.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56226 is $7,317 per month. Households that rent pay about 12.19% of their income on rent here. 56226's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56215, MN: less expensive homes
- 56244, MN: less expensive homes
- 56231, MN: equally priced homes
- 56249, MN: less expensive homes
- 56271, MN: equally priced homes
- 56208, MN: less expensive homes
- 56289, MN: higher priced homes
- 56227, MN: less expensive homes
- 56316, MN: equally priced homes
- 56276, MN: less expensive homes
Zip Codes with Similar Populations
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- 13450, NY: higher priced homes
- 12927, NY: less expensive homes
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