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These days, finding an affordable place to live in the 56266 area can be challenging. Home prices in 56266 are now at a median cost of $147,506, lower than the Minnesota average of $345,793.
The average cost of rent is $1,010/mo in 56266, primarily driven by the current value of real estate in the 56266 area. In 56266, 16.06% of households rent, and 52.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56266 is $5,686 per month. Households that rent pay about 17.76% of their income on rent here. 56266’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
- 56224, MN: higher priced homes
- 55333, MN: equally priced homes
- 56270, MN: equally priced homes
- 55332, MN: equally priced homes
- 56283, MN: higher priced homes
- 56294, MN: higher priced homes
- 56293, MN: equally priced homes
- 56287, MN: higher priced homes
- 55335, MN: higher priced homes
- 56073, MN: higher priced homes
Zip Codes with Similar Populations
- 12974, NY: equally priced homes
- 87421, NM: less expensive homes
- 95937, CA: higher priced homes
- 96052, CA: higher priced homes
- 85342, AZ: higher priced homes
- 97014, OR: higher priced homes
- 23071, VA: higher priced homes
- 21659, MD: higher priced homes
- 16546, PA: equally priced homes
- 13490, NY: higher priced homes
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