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These days, finding an affordable place to live in the 56362 area can be challenging. Home prices in 56362 are now at a median cost of $218,553, lower than the Minnesota average of $269,934.
The average cost of rent is $791/mo in 56362, primarily driven by the current value of real estate in the 56362 area. While nearly 45.81% of residents own their homes outright in 56362, 16.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56362 is $6,449 per month. Households that rent pay about 12.27% of their income on rent here. 56362's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56371, MN: less expensive homes
- 55329, MN: less expensive homes
- 56368, MN: higher priced homes
- 56273, MN: higher priced homes
- 56312, MN: less expensive homes
- 55389, MN: equally priced homes
- 56320, MN: higher priced homes
- 56288, MN: higher priced homes
- 56369, MN: higher priced homes
- 55353, MN: higher priced homes
Zip Codes with Similar Populations
- 93427, CA: higher priced homes
- 14432, NY: less expensive homes
- 14487, NY: less expensive homes
- 83336, ID: less expensive homes
- 83869, ID: higher priced homes
- 84627, UT: higher priced homes
- 86504, AZ: less expensive homes
- 92121, CA: higher priced homes
- 92861, CA: higher priced homes
- 93256, CA: less expensive homes
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