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These days, finding an affordable place to live in the 56292 area can be challenging. Home prices in 56292 are now at a median cost of $162,138, lower than the Minnesota average of $345,793.
The average cost of rent is $1,096/mo in 56292, primarily driven by the current value of real estate in the 56292 area. In 56292, 7.30% of households rent, and 53.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56292 is $6,142 per month. Households that rent pay about 17.85% of their income on rent here. 56292’s most expensive areas are in the southeastern 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
- 56287, MN: higher priced homes
- 56255, MN: equally priced homes
- 56263, MN: equally priced homes
- 56237, MN: equally priced homes
- 56214, MN: higher priced homes
- 56293, MN: equally priced homes
- 56297, MN: equally priced homes
- 56229, MN: higher priced homes
- 56283, MN: higher priced homes
- 56245, MN: higher priced homes
Zip Codes with Similar Populations
- 84758, UT: higher priced homes
- 27943, NC: higher priced homes
- 27965, NC: higher priced homes
- 30285, GA: higher priced homes
- 32449, FL: less expensive homes
- 35649, AL: higher priced homes
- 36030, AL: less expensive homes
- 36483, AL: less expensive homes
- 37333, TN: equally priced homes
- 80729, CO: higher priced homes
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