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These days, finding an affordable place to live in the 56285 area can be challenging. Home prices in 56285 are now at a median cost of $169,291, lower than the Minnesota average of $345,793.
The average cost of rent is $762/mo in 56285, primarily driven by the current value of real estate in the 56285 area. In 56285, 11.72% of households rent, and 58.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56285 is $6,880 per month. Households that rent pay about 11.07% of their income on rent here. 56285’s most expensive areas are in the northern 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
- 56284, MN: equally priced homes
- 56241, MN: equally priced homes
- 56237, MN: equally priced homes
- 56230, MN: higher priced homes
- 56214, MN: higher priced homes
- 56297, MN: equally priced homes
- 56245, MN: higher priced homes
- 56277, MN: equally priced homes
- 56229, MN: higher priced homes
- 56223, MN: less expensive homes
Zip Codes with Similar Populations
- 49818, MI: higher priced homes
- 80427, CO: higher priced homes
- 79351, TX: less expensive homes
- 03260, NH: higher priced homes
- 51573, IA: less expensive homes
- 51461, IA: equally priced homes
- 50846, IA: less expensive homes
- 50540, IA: less expensive homes
- 50510, IA: less expensive homes
- 50229, IA: higher priced homes
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