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These days, finding an affordable place to live in the 56263 area can be challenging. Home prices in 56263 are now at a median cost of $135,073, lower than the Minnesota average of $269,934.
The average cost of rent is $592/mo in 56263, primarily driven by the current value of real estate in the 56263 area. While nearly 57.70% of residents own their homes outright in 56263, 21.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56263 is $5,141 per month. Households that rent pay about 11.52% of their income on rent here. 56263's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56255, MN: equally priced homes
- 56292, MN: equally priced homes
- 56287, MN: higher priced homes
- 56258, MN: higher priced homes
- 56293, MN: equally priced homes
- 56294, MN: higher priced homes
- 56157, MN: higher priced homes
- 56239, MN: higher priced homes
- 56169, MN: higher priced homes
- 56283, MN: equally priced homes
Zip Codes with Similar Populations
- 72456, AR: less expensive homes
- 52550, IA: less expensive homes
- 52557, IA: less expensive homes
- 52584, IA: less expensive homes
- 52765, IA: higher priced homes
- 53810, WI: equally priced homes
- 56080, MN: higher priced homes
- 70662, LA: equally priced homes
- 72001, AR: less expensive homes
- 52133, IA: less expensive homes
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