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These days, finding an affordable place to live in the 56433 area can be challenging. Home prices in 56433 are now at a median cost of $256,161, lower than the Minnesota average of $345,793.
The average cost of rent is $932/mo in 56433, primarily driven by the current value of real estate in the 56433 area. In 56433, 7.40% of households rent, and 47.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56433 is $6,217 per month. Households that rent pay about 15.00% of their income on rent here. 56433’s most expensive areas are in the northeastern 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
- 56467, MN: higher priced homes
- 56484, MN: higher priced homes
- 56452, MN: higher priced homes
- 56435, MN: equally priced homes
- 56470, MN: higher priced homes
- 56655, MN: higher priced homes
- 56570, MN: equally priced homes
- 56575, MN: equally priced homes
- 56672, MN: equally priced homes
- 56662, MN: equally priced homes
Zip Codes with Similar Populations
- 05765, VT: less expensive homes
- 12789, NY: less expensive homes
- 72366, AR: less expensive homes
- 39743, MS: less expensive homes
- 40468, KY: less expensive homes
- 43772, OH: less expensive homes
- 47272, IN: less expensive homes
- 49670, MI: higher priced homes
- 50244, IA: equally priced homes
- 51551, IA: less expensive homes
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