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These days, finding an affordable place to live in the 56310 area can be challenging. Home prices in 56310 are now at a median cost of $313,869, lower than the Minnesota average of $345,793.
The average cost of rent is $944/mo in 56310, primarily driven by the current value of real estate in the 56310 area. In 56310, 12.91% of households rent, and 43.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56310 is $8,206 per month. Households that rent pay about 11.50% of their income on rent here. 56310’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 56321, MN: higher priced homes
- 56307, MN: equally priced homes
- 56374, MN: equally priced homes
- 56340, MN: equally priced homes
- 56375, MN: equally priced homes
- 56377, MN: equally priced homes
- 56331, MN: equally priced homes
- 56387, MN: less expensive homes
- 56303, MN: less expensive homes
- 56376, MN: equally priced homes
Zip Codes with Similar Populations
- 24586, VA: less expensive homes
- 29044, SC: less expensive homes
- 28901, NC: less expensive homes
- 28678, NC: less expensive homes
- 28555, NC: less expensive homes
- 28468, NC: higher priced homes
- 27379, NC: less expensive homes
- 25951, WV: less expensive homes
- 25510, WV: less expensive homes
- 25506, WV: less expensive homes
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