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These days, finding an affordable place to live in the 56364 area can be challenging. Home prices in 56364 are now at a median cost of $273,372, lower than the Minnesota average of $345,793.
The average cost of rent is $1,077/mo in 56364, primarily driven by the current value of real estate in the 56364 area. In 56364, 13.64% of households rent, and 45.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56364 is $6,532 per month. Households that rent pay about 16.49% of their income on rent here. 56364’s most expensive areas are in the southern 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
- 56338, MN: equally priced homes
- 56345, MN: less expensive homes
- 56373, MN: equally priced homes
- 56359, MN: less expensive homes
- 56314, MN: equally priced homes
- 56328, MN: equally priced homes
- 56475, MN: less expensive homes
- 56382, MN: equally priced homes
- 56384, MN: less expensive homes
- 56318, MN: equally priced homes
Zip Codes with Similar Populations
- 92382, CA: higher priced homes
- 12542, NY: higher priced homes
- 13309, NY: less expensive homes
- 13865, NY: less expensive homes
- 14174, NY: equally priced homes
- 16915, PA: less expensive homes
- 26537, WV: less expensive homes
- 28458, NC: less expensive homes
- 30582, GA: higher priced homes
- 83455, ID: higher priced homes
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