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These days, finding an affordable place to live in the 56273 area can be challenging. Home prices in 56273 are now at a median cost of $342,491, lower than the Minnesota average of $345,793.
The average cost of rent is $962/mo in 56273, primarily driven by the current value of real estate in the 56273 area. In 56273, 10.77% of households rent, and 40.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56273 is $8,116 per month. Households that rent pay about 11.85% of their income on rent here. 56273’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern 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
- 56288, MN: equally priced homes
- 56312, MN: less expensive homes
- 56289, MN: less expensive homes
- 56362, MN: less expensive homes
- 56316, MN: less expensive homes
- 56371, MN: less expensive homes
- 55329, MN: less expensive homes
- 56271, MN: less expensive homes
- 56368, MN: equally priced homes
- 55389, MN: less expensive homes
Zip Codes with Similar Populations
- 42348, KY: less expensive homes
- 02702, MA: higher priced homes
- 46989, IN: less expensive homes
- 42122, KY: less expensive homes
- 38006, TN: less expensive homes
- 35116, AL: less expensive homes
- 32431, FL: less expensive homes
- 31543, GA: less expensive homes
- 30629, GA: less expensive homes
- 28555, NC: less expensive homes
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