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These days, finding an affordable place to live in the 56339 area can be challenging. Home prices in 56339 are now at a median cost of $189,449, lower than the Minnesota average of $345,793.
The average cost of rent is $944/mo in 56339, primarily driven by the current value of real estate in the 56339 area. In 56339, 29.46% of households rent, and 45.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56339 is $5,154 per month. Households that rent pay about 18.32% of their income on rent here. 56339’s most expensive areas are in the northwestern 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
- 56343, MN: higher priced homes
- 56311, MN: higher priced homes
- 56327, MN: higher priced homes
- 56235, MN: higher priced homes
- 56531, MN: less expensive homes
- 56315, MN: higher priced homes
- 56349, MN: higher priced homes
- 56248, MN: equally priced homes
- 56332, MN: higher priced homes
- 56308, MN: higher priced homes
Zip Codes with Similar Populations
- 39462, MS: less expensive homes
- 68366, NE: higher priced homes
- 51331, IA: higher priced homes
- 42324, KY: less expensive homes
- 41831, KY: less expensive homes
- 41255, KY: less expensive homes
- 40815, KY: less expensive homes
- 40464, KY: equally priced homes
- 40442, KY: less expensive homes
- 40060, KY: less expensive homes
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