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These days, finding an affordable place to live in the 56280 area can be challenging. Home prices in 56280 are now at a median cost of $202,452, lower than the Minnesota average of $345,793.
The average cost of rent is $870/mo in 56280, primarily driven by the current value of real estate in the 56280 area. In 56280, 11.92% of households rent, and 54.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56280 is $6,918 per month. Households that rent pay about 12.57% of their income on rent here. 56280’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
- 56291, MN: less expensive homes
- 56220, MN: less expensive homes
- 56264, MN: less expensive homes
- 56239, MN: equally priced homes
- 57213, SD: higher priced homes
- 57237, SD: equally priced homes
- 56223, MN: less expensive homes
- 57218, SD: equally priced homes
- 56229, MN: equally priced homes
- 57268, SD: higher priced homes
Zip Codes with Similar Populations
- 50206, IA: less expensive homes
- 73853, OK: higher priced homes
- 73753, OK: equally priced homes
- 73718, OK: less expensive homes
- 73540, OK: equally priced homes
- 72660, AR: less expensive homes
- 72624, AR: higher priced homes
- 72564, AR: less expensive homes
- 72544, AR: less expensive homes
- 51564, IA: less expensive homes
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