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These days, finding an affordable place to live in the 56323 area can be challenging. Home prices in 56323 are now at a median cost of $205,289, lower than the Minnesota average of $345,793.
The average cost of rent is $728/mo in 56323, primarily driven by the current value of real estate in the 56323 area. In 56323, 15.20% of households rent, and 47.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56323 is $6,911 per month. Households that rent pay about 10.53% of their income on rent here. 56323’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
- 56267, MN: equally priced homes
- 56381, MN: higher priced homes
- 56343, MN: higher priced homes
- 56349, MN: higher priced homes
- 56327, MN: higher priced homes
- 56235, MN: equally priced homes
- 56207, MN: less expensive homes
- 56334, MN: higher priced homes
- 56221, MN: less expensive homes
- 56385, MN: higher priced homes
Zip Codes with Similar Populations
- 72421, AR: less expensive homes
- 56710, MN: less expensive homes
- 57010, SD: higher priced homes
- 58721, ND: less expensive homes
- 58771, ND: higher priced homes
- 58793, ND: less expensive homes
- 61850, IL: less expensive homes
- 70442, LA: less expensive homes
- 72330, AR: less expensive homes
- 56588, MN: higher priced homes
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