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These days, finding an affordable place to live in the 56277 area can be challenging. Home prices in 56277 are now at a median cost of $137,902, lower than the Minnesota average of $269,934.
The average cost of rent is $743/mo in 56277, primarily driven by the current value of real estate in the 56277 area. While nearly 55.87% of residents own their homes outright in 56277, 35.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56277 is $4,561 per month. Households that rent pay about 16.29% of their income on rent here. 56277's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 55310, MN: less expensive homes
- 56230, MN: higher priced homes
- 56284, MN: less expensive homes
- 55342, MN: less expensive homes
- 56285, MN: less expensive homes
- 55314, MN: equally priced homes
- 56214, MN: equally priced homes
- 56237, MN: less expensive homes
- 55385, MN: higher priced homes
- 56241, MN: higher priced homes
Zip Codes with Similar Populations
- 49310, MI: equally priced homes
- 98813, WA: higher priced homes
- 89449, NV: higher priced homes
- 87328, NM: less expensive homes
- 72101, AR: less expensive homes
- 62670, IL: higher priced homes
- 03576, NH: higher priced homes
- 47879, IN: less expensive homes
- 44864, OH: less expensive homes
- 44688, OH: equally priced homes
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