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These days, finding an affordable place to live in the 56230 area can be challenging. Home prices in 56230 are now at a median cost of $200,357, lower than the Minnesota average of $345,793.
The average cost of rent is $858/mo in 56230, primarily driven by the current value of real estate in the 56230 area. In 56230, 11.77% of households rent, and 49.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56230 is $6,058 per month. Households that rent pay about 14.16% of their income on rent here. 56230’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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
- 56277, MN: less expensive homes
- 56284, MN: less expensive homes
- 55310, MN: less expensive homes
- 56285, MN: less expensive homes
- 56214, MN: equally priced homes
- 55342, MN: equally priced homes
- 56237, MN: less expensive homes
- 56241, MN: less expensive homes
- 55314, MN: equally priced homes
- 56297, MN: less expensive homes
Zip Codes with Similar Populations
- 01029, MA: higher priced homes
- 99341, WA: higher priced homes
- 99040, WA: less expensive homes
- 45003, OH: equally priced homes
- 44841, OH: less expensive homes
- 25154, WV: less expensive homes
- 14878, NY: less expensive homes
- 08323, NJ: higher priced homes
- 67484, KS: less expensive homes
- 73655, OK: less expensive homes
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