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These days, finding an affordable place to live in the 56253 area can be challenging. Home prices in 56253 are now at a median cost of $193,475, lower than the Minnesota average of $269,934.
The average cost of rent is $836/mo in 56253, primarily driven by the current value of real estate in the 56253 area. While nearly 45.13% of residents own their homes outright in 56253, 12.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56253 is $6,127 per month. Households that rent pay about 13.65% of their income on rent here. 56253's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56216, MN: less expensive homes
- 56228, MN: less expensive homes
- 56281, MN: less expensive homes
- 56282, MN: less expensive homes
- 56222, MN: less expensive homes
- 55324, MN: higher priced homes
- 55350, MN: equally priced homes
- 56260, MN: equally priced homes
- 55325, MN: higher priced homes
- 55381, MN: equally priced homes
Zip Codes with Similar Populations
- 04265, ME: less expensive homes
- 04623, ME: less expensive homes
- 05043, VT: higher priced homes
- 08340, NJ: higher priced homes
- 12473, NY: equally priced homes
- 01012, MA: higher priced homes
- 12989, NY: equally priced homes
- 13635, NY: less expensive homes
- 13731, NY: higher priced homes
- 14555, NY: less expensive homes
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