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These days, finding an affordable place to live in the 56304 area can be challenging. Home prices in 56304 are now at a median cost of $155,891, lower than the Minnesota average of $269,934.
The average cost of rent is $925/mo in 56304, primarily driven by the current value of real estate in the 56304 area. While nearly 43.92% of residents own their homes outright in 56304, 56.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56304 is $4,490 per month. Households that rent pay about 20.59% of their income on rent here. 56304's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56301, MN: higher priced homes
- 56379, MN: higher priced homes
- 56303, MN: equally priced homes
- 56387, MN: higher priced homes
- 56377, MN: higher priced homes
- 56374, MN: higher priced homes
- 55319, MN: higher priced homes
- 56369, MN: higher priced homes
- 56321, MN: higher priced homes
- 56329, MN: higher priced homes
Zip Codes with Similar Populations
- 01850, MA: higher priced homes
- 77013, TX: less expensive homes
- 44833, OH: less expensive homes
- 46303, IN: higher priced homes
- 48324, MI: higher priced homes
- 49307, MI: equally priced homes
- 49321, MI: higher priced homes
- 00907, PR: higher priced homes
- 55371, MN: higher priced homes
- 55444, MN: higher priced homes
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