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These days, finding an affordable place to live in the 56435 area can be challenging. Home prices in 56435 are now at a median cost of $258,577, lower than the Minnesota average of $345,793.
The average cost of rent is $878/mo in 56435, primarily driven by the current value of real estate in the 56435 area. In 56435, 9.84% of households rent, and 47.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56435 is $5,036 per month. Households that rent pay about 17.43% of their income on rent here. 56435’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 56474, MN: equally priced homes
- 56452, MN: higher priced homes
- 56655, MN: higher priced homes
- 56433, MN: equally priced homes
- 56448, MN: higher priced homes
- 56467, MN: higher priced homes
- 56662, MN: equally priced homes
- 56447, MN: higher priced homes
- 56470, MN: higher priced homes
- 56464, MN: less expensive homes
Zip Codes with Similar Populations
- 03574, NH: higher priced homes
- 95690, CA: higher priced homes
- 81062, CO: less expensive homes
- 79064, TX: less expensive homes
- 72512, AR: less expensive homes
- 63549, MO: less expensive homes
- 61281, IL: less expensive homes
- 54639, WI: less expensive homes
- 26807, WV: less expensive homes
- 25674, WV: less expensive homes
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