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These days, finding an affordable place to live in the 56287 area can be challenging. Home prices in 56287 are now at a median cost of $152,400, lower than the Minnesota average of $269,934.
The average cost of rent is $743/mo in 56287, primarily driven by the current value of real estate in the 56287 area. While nearly 61.44% of residents own their homes outright in 56287, 13.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56287 is $5,280 per month. Households that rent pay about 14.07% of their income on rent here. 56287's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 56292, MN: less expensive homes
- 56293, MN: less expensive homes
- 56255, MN: less expensive homes
- 56263, MN: less expensive homes
- 56283, MN: less expensive homes
- 56294, MN: higher priced homes
- 56224, MN: equally priced homes
- 56270, MN: less expensive homes
- 56266, MN: less expensive homes
- 55333, MN: less expensive homes
Zip Codes with Similar Populations
- 04019, ME: higher priced homes
- 04454, ME: less expensive homes
- 10979, NY: higher priced homes
- 12961, NY: less expensive homes
- 12862, NY: higher priced homes
- 67482, KS: higher priced homes
- 72014, AR: less expensive homes
- 69219, NE: equally priced homes
- 68954, NE: less expensive homes
- 68440, NE: less expensive homes
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