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These days, finding an affordable place to live in the 56371 area can be challenging. Home prices in 56371 are now at a median cost of $261,803, lower than the Minnesota average of $345,793.
The average cost of rent is $853/mo in 56371, primarily driven by the current value of real estate in the 56371 area. In 56371, 15.97% of households rent, and 36.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56371 is $6,922 per month. Households that rent pay about 12.33% of their income on rent here. 56371’s most expensive areas are in the central 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
- 56376, MN: higher priced homes
- 56362, MN: equally priced homes
- 56368, MN: higher priced homes
- 55329, MN: less expensive homes
- 56320, MN: higher priced homes
- 55389, MN: equally priced homes
- 56369, MN: higher priced homes
- 56321, MN: higher priced homes
- 56312, MN: equally priced homes
- 56325, MN: less expensive homes
Zip Codes with Similar Populations
- 65443, MO: less expensive homes
- 68445, NE: equally priced homes
- 68315, NE: less expensive homes
- 68068, NE: higher priced homes
- 68042, NE: higher priced homes
- 67659, KS: less expensive homes
- 67036, KS: equally priced homes
- 67018, KS: less expensive homes
- 66970, KS: less expensive homes
- 66019, KS: higher priced homes
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