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These days, finding an affordable place to live in the 56229 area can be challenging. Home prices in 56229 are now at a median cost of $169,320, lower than the Minnesota average of $269,934.
The average cost of rent is $627/mo in 56229, primarily driven by the current value of real estate in the 56229 area. While nearly 45.87% of residents own their homes outright in 56229, 21.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56229 is $6,271 per month. Households that rent pay about 9.99% of their income on rent here. 56229's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 56245, MN: equally priced homes
- 56297, MN: less expensive homes
- 56239, MN: equally priced homes
- 56237, MN: less expensive homes
- 56223, MN: less expensive homes
- 56292, MN: less expensive homes
- 56264, MN: less expensive homes
- 56214, MN: less expensive homes
- 56291, MN: less expensive homes
- 56285, MN: less expensive homes
Zip Codes with Similar Populations
- 35461, AL: less expensive homes
- 72376, AR: less expensive homes
- 04860, ME: higher priced homes
- 75555, TX: less expensive homes
- 57038, SD: higher priced homes
- 59823, MT: higher priced homes
- 67730, KS: less expensive homes
- 64491, MO: less expensive homes
- 46105, IN: equally priced homes
- 41080, KY: higher priced homes
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