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These days, finding an affordable place to live in the 56342 area can be challenging. Home prices in 56342 are now at a median cost of $193,917, lower than the Minnesota average of $269,934.
The average cost of rent is $875/mo in 56342, primarily driven by the current value of real estate in the 56342 area. While nearly 47.47% of residents own their homes outright in 56342, 13.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56342 is $4,543 per month. Households that rent pay about 19.26% of their income on rent here. 56342's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56386, MN: equally priced homes
- 56350, MN: less expensive homes
- 56359, MN: equally priced homes
- 56450, MN: less expensive homes
- 55735, MN: equally priced homes
- 56338, MN: equally priced homes
- 55037, MN: less expensive homes
- 55072, MN: less expensive homes
- 55704, MN: less expensive homes
- 55712, MN: less expensive homes
Zip Codes with Similar Populations
- 39766, MS: less expensive homes
- 98568, WA: higher priced homes
- 98261, WA: higher priced homes
- 94130, CA: higher priced homes
- 94037, CA: higher priced homes
- 67228, KS: higher priced homes
- 37306, TN: less expensive homes
- 30648, GA: less expensive homes
- 29125, SC: less expensive homes
- 21631, MD: equally priced homes
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