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These days, finding an affordable place to live in the 56284 area can be challenging. Home prices in 56284 are now at a median cost of $161,132, lower than the Minnesota average of $345,793.
The average cost of rent is $699/mo in 56284, primarily driven by the current value of real estate in the 56284 area. In 56284, 24.94% of households rent, and 41.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56284 is $6,213 per month. Households that rent pay about 11.25% of their income on rent here. 56284’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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
- 56230, MN: higher priced homes
- 56285, MN: equally priced homes
- 56277, MN: equally priced homes
- 56214, MN: higher priced homes
- 56237, MN: equally priced homes
- 55310, MN: higher priced homes
- 56241, MN: equally priced homes
- 56297, MN: equally priced homes
- 56245, MN: higher priced homes
- 55342, MN: higher priced homes
Zip Codes with Similar Populations
- 26571, WV: less expensive homes
- 66052, KS: higher priced homes
- 63937, MO: higher priced homes
- 74061, OK: higher priced homes
- 83113, WY: higher priced homes
- 27231, NC: higher priced homes
- 27007, NC: higher priced homes
- 24555, VA: higher priced homes
- 23083, VA: higher priced homes
- 22435, VA: higher priced homes
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