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These days, finding an affordable place to live in the 56386 area can be challenging. Home prices in 56386 are now at a median cost of $200,829, lower than the Minnesota average of $269,934.
The average cost of rent is $759/mo in 56386, primarily driven by the current value of real estate in the 56386 area. While nearly 54.97% of residents own their homes outright in 56386, 23.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56386 is $4,170 per month. Households that rent pay about 18.21% of their income on rent here. 56386's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56342, MN: equally priced homes
- 56359, MN: less expensive homes
- 56350, MN: less expensive homes
- 56450, MN: less expensive homes
- 56338, MN: equally priced homes
- 55735, MN: less expensive homes
- 55037, MN: less expensive homes
- 55072, MN: less expensive homes
- 55704, MN: less expensive homes
- 56449, MN: higher priced homes
Zip Codes with Similar Populations
- 61840, IL: higher priced homes
- 73461, OK: less expensive homes
- 72384, AR: less expensive homes
- 72351, AR: less expensive homes
- 72025, AR: less expensive homes
- 68735, NE: less expensive homes
- 68182, NE: higher priced homes
- 67844, KS: less expensive homes
- 66526, KS: less expensive homes
- 65068, MO: equally priced homes
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