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These days, finding an affordable place to live in the 56236 area can be challenging. Home prices in 56236 are now at a median cost of $170,730, lower than the Minnesota average of $345,793.
The average cost of rent is $613/mo in 56236, primarily driven by the current value of real estate in the 56236 area. In 56236, 10.19% of households rent, and 57.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56236 is $8,201 per month. Households that rent pay about 7.47% of their income on rent here. 56236’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 56240, MN: equally priced homes
- 56221, MN: less expensive homes
- 56210, MN: less expensive homes
- 56211, MN: higher priced homes
- 56207, MN: less expensive homes
- 56235, MN: higher priced homes
- 56219, MN: less expensive homes
- 56267, MN: higher priced homes
- 56323, MN: higher priced homes
- 57257, SD: higher priced homes
Zip Codes with Similar Populations
- 73666, OK: equally priced homes
- 52334, IA: higher priced homes
- 54625, WI: higher priced homes
- 54839, WI: equally priced homes
- 55087, MN: higher priced homes
- 55615, MN: higher priced homes
- 55786, MN: less expensive homes
- 56032, MN: equally priced homes
- 58481, ND: higher priced homes
- 73041, OK: equally priced homes
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