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These days, finding an affordable place to live in the 56274 area can be challenging. Home prices in 56274 are now at a median cost of $161,482, lower than the Minnesota average of $269,934.
The average cost of rent is $557/mo in 56274, primarily driven by the current value of real estate in the 56274 area. While nearly 63.35% of residents own their homes outright in 56274, 13.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56274 is $6,131 per month. Households that rent pay about 9.09% of their income on rent here. 56274's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56248, MN: equally priced homes
- 56531, MN: less expensive homes
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- 56311, MN: higher priced homes
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- 57260, SD: less expensive homes
- 56343, MN: higher priced homes
- 56327, MN: higher priced homes
- 56315, MN: higher priced homes
Zip Codes with Similar Populations
- 99768, AK: less expensive homes
- 12787, NY: equally priced homes
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- 12530, NY: higher priced homes
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- 04669, ME: higher priced homes
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