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Expensive
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These days, finding an affordable place to live in the 56301 area can be challenging. Home prices in 56301 are now at a median cost of $231,196, lower than the Minnesota average of $269,934.
The average cost of rent is $1,099/mo in 56301, primarily driven by the current value of real estate in the 56301 area. While nearly 41.66% of residents own their homes outright in 56301, 39.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56301 is $6,566 per month. Households that rent pay about 16.73% of their income on rent here. 56301's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56387, MN: less expensive homes
- 56303, MN: less expensive homes
- 56304, MN: less expensive homes
- 56379, MN: equally priced homes
- 56377, MN: equally priced homes
- 56374, MN: equally priced homes
- 56369, MN: higher priced homes
- 56321, MN: higher priced homes
- 55319, MN: higher priced homes
- 56320, MN: higher priced homes
Zip Codes with Similar Populations
- 03301, NH: higher priced homes
- 53402, WI: less expensive homes
- 45701, OH: less expensive homes
- 00783, PR: less expensive homes
- 37876, TN: less expensive homes
- 34653, FL: less expensive homes
- 33823, FL: less expensive homes
- 33543, FL: higher priced homes
- 31324, GA: higher priced homes
- 30311, GA: less expensive homes
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