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These days, finding an affordable place to live in the 56319 area can be challenging. Home prices in 56319 are now at a median cost of $306,268, lower than the Minnesota average of $345,793.
The average cost of rent is $885/mo in 56319, primarily driven by the current value of real estate in the 56319 area. In 56319, 9.68% of households rent, and 43.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56319 is $6,989 per month. Households that rent pay about 12.66% of their income on rent here. 56319’s most expensive areas are in the western 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
- 56354, MN: higher priced homes
- 56355, MN: less expensive homes
- 56308, MN: higher priced homes
- 56360, MN: less expensive homes
- 56332, MN: equally priced homes
- 56315, MN: equally priced homes
- 56326, MN: less expensive homes
- 56347, MN: less expensive homes
- 56309, MN: less expensive homes
- 56339, MN: less expensive homes
Zip Codes with Similar Populations
- 62324, IL: less expensive homes
- 75932, TX: less expensive homes
- 75451, TX: equally priced homes
- 68038, NE: less expensive homes
- 67839, KS: less expensive homes
- 66871, KS: less expensive homes
- 66507, KS: less expensive homes
- 64784, MO: less expensive homes
- 63359, MO: less expensive homes
- 62674, IL: less expensive homes
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