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These days, finding an affordable place to live in the 56360 area can be challenging. Home prices in 56360 are now at a median cost of $181,809, lower than the Minnesota average of $269,934.
The average cost of rent is $753/mo in 56360, primarily driven by the current value of real estate in the 56360 area. While nearly 50.09% of residents own their homes outright in 56360, 19.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56360 is $5,184 per month. Households that rent pay about 14.52% of their income on rent here. 56360's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56389, MN: higher priced homes
- 56355, MN: higher priced homes
- 56319, MN: higher priced homes
- 56308, MN: higher priced homes
- 56378, MN: higher priced homes
- 56385, MN: equally priced homes
- 56347, MN: less expensive homes
- 56332, MN: higher priced homes
- 56336, MN: higher priced homes
- 56349, MN: higher priced homes
Zip Codes with Similar Populations
- 29372, SC: less expensive homes
- 66743, KS: less expensive homes
- 61752, IL: less expensive homes
- 54722, WI: equally priced homes
- 43022, OH: higher priced homes
- 41224, KY: less expensive homes
- 39327, MS: less expensive homes
- 38828, MS: less expensive homes
- 38585, TN: less expensive homes
- 32617, FL: less expensive homes
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