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These days, finding an affordable place to live in the 56237 area can be challenging. Home prices in 56237 are now at a median cost of $106,299, lower than the Minnesota average of $269,934.
The average cost of rent is $536/mo in 56237, primarily driven by the current value of real estate in the 56237 area. While nearly 61.74% of residents own their homes outright in 56237, 12.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56237 is $6,159 per month. Households that rent pay about 8.70% of their income on rent here. 56237's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56214, MN: higher priced homes
- 56297, MN: equally priced homes
- 56292, MN: higher priced homes
- 56245, MN: higher priced homes
- 56285, MN: higher priced homes
- 56229, MN: higher priced homes
- 56284, MN: equally priced homes
- 56283, MN: higher priced homes
- 56230, MN: higher priced homes
- 56223, MN: equally priced homes
Zip Codes with Similar Populations
- 41132, KY: equally priced homes
- 50538, IA: less expensive homes
- 50277, IA: higher priced homes
- 47849, IN: higher priced homes
- 42764, KY: less expensive homes
- 42157, KY: higher priced homes
- 41832, KY: less expensive homes
- 41764, KY: less expensive homes
- 41503, KY: higher priced homes
- 41254, KY: less expensive homes
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