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These days, finding an affordable place to live in the 56288 area can be challenging. Home prices in 56288 are now at a median cost of $362,144, higher than the Minnesota average of $345,793.
The average cost of rent is $867/mo in 56288, primarily driven by the current value of real estate in the 56288 area. In 56288, 16.55% of households rent, and 45.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56288 is $8,330 per month. Households that rent pay about 10.41% of their income on rent here. 56288’s most expensive areas are in the northwestern 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
- 56273, MN: equally priced homes
- 56251, MN: less expensive homes
- 56201, MN: less expensive homes
- 56209, MN: less expensive homes
- 56279, MN: less expensive homes
- 56289, MN: less expensive homes
- 56243, MN: less expensive homes
- 56362, MN: less expensive homes
- 56252, MN: less expensive homes
- 55329, MN: less expensive homes
Zip Codes with Similar Populations
- 01373, MA: higher priced homes
- 99737, AK: less expensive homes
- 99009, WA: higher priced homes
- 98851, WA: less expensive homes
- 98257, WA: higher priced homes
- 97918, OR: less expensive homes
- 97720, OR: less expensive homes
- 97362, OR: equally priced homes
- 97231, OR: higher priced homes
- 97127, OR: higher priced homes
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