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These days, finding an affordable place to live in the 56281 area can be challenging. Home prices in 56281 are now at a median cost of $160,000, lower than the Minnesota average of $269,934.
The average cost of rent is $791/mo in 56281, primarily driven by the current value of real estate in the 56281 area. While nearly 53.52% of residents own their homes outright in 56281, 10.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56281 is $7,627 per month. Households that rent pay about 10.37% of their income on rent here. 56281's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56282, MN: equally priced homes
- 56216, MN: less expensive homes
- 56222, MN: less expensive homes
- 56253, MN: higher priced homes
- 56260, MN: higher priced homes
- 56241, MN: equally priced homes
- 56228, MN: less expensive homes
- 56265, MN: less expensive homes
- 56295, MN: less expensive homes
- 56218, MN: equally priced homes
Zip Codes with Similar Populations
- 50464, IA: less expensive homes
- 78608, TX: higher priced homes
- 77466, TX: higher priced homes
- 76427, TX: less expensive homes
- 68841, NE: higher priced homes
- 57270, SD: equally priced homes
- 56524, MN: higher priced homes
- 52549, IA: less expensive homes
- 52335, IA: less expensive homes
- 51453, IA: less expensive homes
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