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These days, finding an affordable place to live in the 56251 area can be challenging. Home prices in 56251 are now at a median cost of $188,846, lower than the Minnesota average of $269,934.
The average cost of rent is $778/mo in 56251, primarily driven by the current value of real estate in the 56251 area. While nearly 39.91% of residents own their homes outright in 56251, 12.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56251 is $6,475 per month. Households that rent pay about 12.02% of their income on rent here. 56251's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 56201, MN: less expensive homes
- 56209, MN: equally priced homes
- 56288, MN: higher priced homes
- 56243, MN: less expensive homes
- 56279, MN: higher priced homes
- 56282, MN: less expensive homes
- 56252, MN: less expensive homes
- 55355, MN: equally priced homes
- 56271, MN: less expensive homes
- 55324, MN: higher priced homes
Zip Codes with Similar Populations
- 04939, ME: less expensive homes
- 04949, ME: equally priced homes
- 05675, VT: less expensive homes
- 11547, NY: higher priced homes
- 12160, NY: less expensive homes
- 13684, NY: less expensive homes
- 13757, NY: less expensive homes
- 13810, NY: less expensive homes
- 15961, PA: less expensive homes
- 16131, PA: less expensive homes
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