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These days, finding an affordable place to live in the 56377 area can be challenging. Home prices in 56377 are now at a median cost of $326,097, lower than the Minnesota average of $345,793.
The average cost of rent is $1,390/mo in 56377, primarily driven by the current value of real estate in the 56377 area. In 56377, 34.92% of households rent, and 29.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56377 is $7,833 per month. Households that rent pay about 17.74% of their income on rent here. 56377’s most expensive areas are in the western regions, while the cheapest areas are in the eastern 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
- 56303, MN: less expensive homes
- 56379, MN: less expensive homes
- 56387, MN: less expensive homes
- 56375, MN: equally priced homes
- 56374, MN: less expensive homes
- 56301, MN: less expensive homes
- 56304, MN: less expensive homes
- 56367, MN: equally priced homes
- 56321, MN: higher priced homes
- 56310, MN: equally priced homes
Zip Codes with Similar Populations
- 08085, NJ: higher priced homes
- 11436, NY: higher priced homes
- 11501, NY: higher priced homes
- 11726, NY: higher priced homes
- 14526, NY: equally priced homes
- 18505, PA: less expensive homes
- 20190, VA: higher priced homes
- 21158, MD: higher priced homes
- 26062, WV: less expensive homes
- 27501, NC: less expensive homes
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