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These days, finding an affordable place to live in the 56270 area can be challenging. Home prices in 56270 are now at a median cost of $139,451, lower than the Minnesota average of $345,793.
The average cost of rent is $963/mo in 56270, primarily driven by the current value of real estate in the 56270 area. In 56270, 12.15% of households rent, and 60.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56270 is $5,971 per month. Households that rent pay about 16.13% of their income on rent here. 56270’s most expensive areas are in the southern 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
- 55333, MN: equally priced homes
- 56283, MN: higher priced homes
- 56266, MN: equally priced homes
- 55332, MN: equally priced homes
- 56293, MN: higher priced homes
- 56214, MN: higher priced homes
- 56287, MN: higher priced homes
- 56237, MN: higher priced homes
- 56292, MN: higher priced homes
- 55335, MN: higher priced homes
Zip Codes with Similar Populations
- 42207, KY: higher priced homes
- 47859, IN: higher priced homes
- 46941, IN: higher priced homes
- 46570, IN: higher priced homes
- 45867, OH: higher priced homes
- 45849, OH: less expensive homes
- 43840, OH: higher priced homes
- 43734, OH: higher priced homes
- 43504, OH: higher priced homes
- 43356, OH: higher priced homes
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