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These days, finding an affordable place to live in the 56267 area can be challenging. Home prices in 56267 are now at a median cost of $221,728, lower than the Minnesota average of $345,793.
The average cost of rent is $950/mo in 56267, primarily driven by the current value of real estate in the 56267 area. In 56267, 43.81% of households rent, and 41.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56267 is $6,038 per month. Households that rent pay about 15.74% of their income on rent here. 56267’s most expensive areas are in the northeastern 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
- 56207, MN: less expensive homes
- 56244, MN: less expensive homes
- 56323, MN: equally priced homes
- 56221, MN: less expensive homes
- 56381, MN: higher priced homes
- 56236, MN: less expensive homes
- 56334, MN: higher priced homes
- 56240, MN: less expensive homes
- 56225, MN: less expensive homes
- 56210, MN: less expensive homes
Zip Codes with Similar Populations
- 44201, OH: equally priced homes
- 70373, LA: less expensive homes
- 68152, NE: higher priced homes
- 62707, IL: less expensive homes
- 62205, IL: less expensive homes
- 60096, IL: higher priced homes
- 54801, WI: equally priced homes
- 54136, WI: equally priced homes
- 54002, WI: higher priced homes
- 53520, WI: equally priced homes
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