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These days, finding an affordable place to live in the 56248 area can be challenging. Home prices in 56248 are now at a median cost of $159,005, lower than the Minnesota average of $269,934.
The average cost of rent is $573/mo in 56248, primarily driven by the current value of real estate in the 56248 area. While nearly 55.26% of residents own their homes outright in 56248, 15.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56248 is $6,165 per month. Households that rent pay about 9.30% of their income on rent here. 56248's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56274, MN: equally priced homes
- 56235, MN: equally priced homes
- 56311, MN: higher priced homes
- 56531, MN: less expensive homes
- 56339, MN: less expensive homes
- 56296, MN: less expensive homes
- 56343, MN: higher priced homes
- 56327, MN: higher priced homes
- 56315, MN: higher priced homes
- 57260, SD: less expensive homes
Zip Codes with Similar Populations
- 68424, NE: less expensive homes
- 62617, IL: less expensive homes
- 62880, IL: less expensive homes
- 65230, MO: higher priced homes
- 66026, KS: higher priced homes
- 66773, KS: less expensive homes
- 66779, KS: less expensive homes
- 67024, KS: less expensive homes
- 67514, KS: less expensive homes
- 68378, NE: less expensive homes
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