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These days, finding an affordable place to live in the 56434 area can be challenging. Home prices in 56434 are now at a median cost of $148,569, lower than the Minnesota average of $269,934.
The average cost of rent is $842/mo in 56434, primarily driven by the current value of real estate in the 56434 area. While nearly 42.99% of residents own their homes outright in 56434, 11.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56434 is $5,297 per month. Households that rent pay about 15.90% of their income on rent here. 56434's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56481, MN: equally priced homes
- 56479, MN: equally priced homes
- 56437, MN: less expensive homes
- 56453, MN: less expensive homes
- 56482, MN: equally priced homes
- 56466, MN: higher priced homes
- 56518, MN: equally priced homes
- 56527, MN: higher priced homes
- 56473, MN: higher priced homes
- 56551, MN: higher priced homes
Zip Codes with Similar Populations
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- 19358, PA: higher priced homes
- 18913, PA: higher priced homes
- 12436, NY: higher priced homes
- 12172, NY: higher priced homes
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