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These days, finding an affordable place to live in the 56271 area can be challenging. Home prices in 56271 are now at a median cost of $223,187, lower than the Minnesota average of $345,793.
The average cost of rent is $937/mo in 56271, primarily driven by the current value of real estate in the 56271 area. In 56271, 24.49% of households rent, and 56.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56271 is $6,204 per month. Households that rent pay about 15.11% of their income on rent here. 56271’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 56252, MN: less expensive homes
- 56215, MN: less expensive homes
- 56289, MN: higher priced homes
- 56279, MN: higher priced homes
- 56226, MN: higher priced homes
- 56231, MN: equally priced homes
- 56201, MN: equally priced homes
- 56288, MN: higher priced homes
- 56273, MN: higher priced homes
- 56251, MN: higher priced homes
Zip Codes with Similar Populations
- 04631, ME: less expensive homes
- 65612, MO: higher priced homes
- 74824, OK: equally priced homes
- 74766, OK: less expensive homes
- 73552, OK: less expensive homes
- 73430, OK: less expensive homes
- 72768, AR: higher priced homes
- 72534, AR: less expensive homes
- 69339, NE: less expensive homes
- 68402, NE: higher priced homes
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