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These days, finding an affordable place to live in the 56303 area can be challenging. Home prices in 56303 are now at a median cost of $167,812, lower than the Minnesota average of $269,934.
The average cost of rent is $878/mo in 56303, primarily driven by the current value of real estate in the 56303 area. While nearly 37.99% of residents own their homes outright in 56303, 39.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56303 is $4,910 per month. Households that rent pay about 17.88% of their income on rent here. 56303's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56387, MN: higher priced homes
- 56301, MN: higher priced homes
- 56379, MN: higher priced homes
- 56377, MN: higher priced homes
- 56304, MN: equally priced homes
- 56374, MN: higher priced homes
- 56321, MN: higher priced homes
- 56369, MN: higher priced homes
- 56310, MN: higher priced homes
- 56320, MN: higher priced homes
Zip Codes with Similar Populations
- 48108, MI: higher priced homes
- 06880, CT: higher priced homes
- 30088, GA: less expensive homes
- 92008, CA: higher priced homes
- 55123, MN: higher priced homes
- 55126, MN: higher priced homes
- 55426, MN: higher priced homes
- 77345, TX: higher priced homes
- 80130, CO: higher priced homes
- 80209, CO: higher priced homes
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