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These days, finding an affordable place to live in the 56283 area can be challenging. Home prices in 56283 are now at a median cost of $129,888, lower than the Minnesota average of $269,934.
The average cost of rent is $764/mo in 56283, primarily driven by the current value of real estate in the 56283 area. While nearly 48.06% of residents own their homes outright in 56283, 28.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56283 is $4,817 per month. Households that rent pay about 15.87% of their income on rent here. 56283's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56270, MN: equally priced homes
- 56287, MN: higher priced homes
- 56214, MN: higher priced homes
- 55333, MN: less expensive homes
- 56293, MN: equally priced homes
- 56266, MN: less expensive homes
- 56292, MN: equally priced homes
- 56237, MN: less expensive homes
- 56255, MN: equally priced homes
- 55332, MN: less expensive homes
Zip Codes with Similar Populations
- 32531, FL: higher priced homes
- 68157, NE: higher priced homes
- 67215, KS: higher priced homes
- 64105, MO: higher priced homes
- 64062, MO: higher priced homes
- 39355, MS: less expensive homes
- 39341, MS: less expensive homes
- 37752, TN: equally priced homes
- 37419, TN: higher priced homes
- 37036, TN: higher priced homes
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