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These days, finding an affordable place to live in the 56294 area can be challenging. Home prices in 56294 are now at a median cost of $173,700, lower than the Minnesota average of $269,934.
The average cost of rent is $635/mo in 56294, primarily driven by the current value of real estate in the 56294 area. While nearly 68.87% of residents own their homes outright in 56294, 12.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56294 is $5,880 per month. Households that rent pay about 10.80% of their income on rent here. 56294's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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