Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the 56316 area can be challenging. Home prices in 56316 are now at a median cost of $175,808, lower than the Minnesota average of $269,934.
The average cost of rent is $801/mo in 56316, primarily driven by the current value of real estate in the 56316 area. While nearly 53.31% of residents own their homes outright in 56316, 15.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56316 is $5,371 per month. Households that rent pay about 14.91% of their income on rent here. 56316's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56312, MN: equally priced homes
- 56325, MN: higher priced homes
- 56289, MN: higher priced homes
- 56273, MN: higher priced homes
- 56381, MN: equally priced homes
- 56362, MN: higher priced homes
- 56376, MN: higher priced homes
- 56371, MN: equally priced homes
- 56215, MN: less expensive homes
- 56226, MN: equally priced homes
Zip Codes with Similar Populations
- 76432, TX: less expensive homes
- 24072, VA: equally priced homes
- 24465, VA: equally priced homes
- 24892, WV: less expensive homes
- 25564, WV: less expensive homes
- 28510, NC: higher priced homes
- 37140, TN: less expensive homes
- 37365, TN: less expensive homes
- 73841, OK: less expensive homes
- 74731, OK: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood