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These days, finding an affordable place to live in the 56338 area can be challenging. Home prices in 56338 are now at a median cost of $209,094, lower than the Minnesota average of $269,934.
The average cost of rent is $931/mo in 56338, primarily driven by the current value of real estate in the 56338 area. While nearly 47.08% of residents own their homes outright in 56338, 11.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56338 is $5,669 per month. Households that rent pay about 16.43% of their income on rent here. 56338's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56364, MN: equally priced homes
- 56359, MN: less expensive homes
- 56386, MN: equally priced homes
- 56449, MN: equally priced homes
- 56345, MN: less expensive homes
- 56342, MN: equally priced homes
- 56475, MN: less expensive homes
- 56328, MN: equally priced homes
- 56443, MN: equally priced homes
- 56382, MN: equally priced homes
Zip Codes with Similar Populations
- 46763, IN: less expensive homes
- 55951, MN: less expensive homes
- 54974, WI: equally priced homes
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- 52316, IA: less expensive homes
- 51526, IA: higher priced homes
- 50630, IA: less expensive homes
- 50469, IA: less expensive homes
- 49893, MI: less expensive homes
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