
Expensive
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These days, finding an affordable place to live in the 56308 area can be challenging. Home prices in 56308 are now at a median cost of $275,840, higher than the Minnesota average of $269,934.
The average cost of rent is $933/mo in 56308, primarily driven by the current value of real estate in the 56308 area. While nearly 38.83% of residents own their homes outright in 56308, 22.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56308 is $6,630 per month. Households that rent pay about 14.08% of their income on rent here. 56308's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56355, MN: less expensive homes
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- 56349, MN: equally priced homes
- 56385, MN: less expensive homes
- 56389, MN: equally priced homes
- 56343, MN: less expensive homes
Zip Codes with Similar Populations
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- 91010, CA: higher priced homes
- 41011, KY: less expensive homes
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