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These days, finding an affordable place to live in the 56228 area can be challenging. Home prices in 56228 are now at a median cost of $168,847, lower than the Minnesota average of $345,793.
The average cost of rent is $801/mo in 56228, primarily driven by the current value of real estate in the 56228 area. In 56228, 12.61% of households rent, and 50.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56228 is $6,483 per month. Households that rent pay about 12.35% of their income on rent here. 56228’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 56253, MN: higher priced homes
- 55350, MN: higher priced homes
- 55324, MN: higher priced homes
- 56216, MN: equally priced homes
- 55325, MN: higher priced homes
- 55381, MN: higher priced homes
- 56281, MN: higher priced homes
- 55321, MN: higher priced homes
- 56282, MN: higher priced homes
- 55395, MN: higher priced homes
Zip Codes with Similar Populations
- 39078, MS: less expensive homes
- 17255, PA: higher priced homes
- 14729, NY: higher priced homes
- 14556, NY: equally priced homes
- 14026, NY: higher priced homes
- 05903, VT: higher priced homes
- 05352, VT: higher priced homes
- 01253, MA: higher priced homes
- 63785, MO: higher priced homes
- 63623, MO: less expensive homes
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