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These days, finding an affordable place to live in the 56320 area can be challenging. Home prices in 56320 are now at a median cost of $271,326, higher than the Minnesota average of $269,934.
The average cost of rent is $911/mo in 56320, primarily driven by the current value of real estate in the 56320 area. While nearly 38.65% of residents own their homes outright in 56320, 13.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56320 is $7,411 per month. Households that rent pay about 12.29% of their income on rent here. 56320's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56369, MN: equally priced homes
- 56368, MN: equally priced homes
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- 56374, MN: less expensive homes
- 56371, MN: less expensive homes
- 55389, MN: less expensive homes
- 55353, MN: equally priced homes
- 56387, MN: less expensive homes
- 55329, MN: less expensive homes
- 56376, MN: equally priced homes
Zip Codes with Similar Populations
- 43906, OH: less expensive homes
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- 66025, KS: less expensive homes
- 54001, WI: less expensive homes
- 49866, MI: less expensive homes
- 46923, IN: less expensive homes
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