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These days, finding an affordable place to live in the 56249 area can be challenging. Home prices in 56249 are now at a median cost of $160,551, lower than the Minnesota average of $345,793.
The average cost of rent is $640/mo in 56249, primarily driven by the current value of real estate in the 56249 area. In 56249, 35.22% of households rent, and 65.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56249 is $4,623 per month. Households that rent pay about 13.83% of their income on rent here. 56249’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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
- 56231, MN: higher priced homes
- 56208, MN: less expensive homes
- 56262, MN: less expensive homes
- 56227, MN: equally priced homes
- 56226, MN: higher priced homes
- 56215, MN: higher priced homes
- 56276, MN: less expensive homes
- 56212, MN: less expensive homes
- 56271, MN: higher priced homes
- 56278, MN: higher priced homes
Zip Codes with Similar Populations
- 71233, LA: equally priced homes
- 59843, MT: higher priced homes
- 60129, IL: higher priced homes
- 61243, IL: equally priced homes
- 61815, IL: higher priced homes
- 62079, IL: equally priced homes
- 63451, MO: less expensive homes
- 67634, KS: less expensive homes
- 67647, KS: less expensive homes
- 68058, NE: higher priced homes
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