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These days, finding an affordable place to live in the 56437 area can be challenging. Home prices in 56437 are now at a median cost of $114,896, lower than the Minnesota average of $269,934.
The average cost of rent is $709/mo in 56437, primarily driven by the current value of real estate in the 56437 area. While nearly 41.87% of residents own their homes outright in 56437, 15.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56437 is $4,742 per month. Households that rent pay about 14.96% of their income on rent here. 56437's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56453, MN: higher priced homes
- 56434, MN: higher priced homes
- 56446, MN: higher priced homes
- 56440, MN: higher priced homes
- 56438, MN: higher priced homes
- 56479, MN: higher priced homes
- 56527, MN: higher priced homes
- 56361, MN: higher priced homes
- 56551, MN: higher priced homes
- 56466, MN: higher priced homes
Zip Codes with Similar Populations
- 74931, OK: equally priced homes
- 44669, OH: higher priced homes
- 48889, MI: equally priced homes
- 50174, IA: equally priced homes
- 52540, IA: higher priced homes
- 52659, IA: equally priced homes
- 56670, MN: less expensive homes
- 69348, NE: higher priced homes
- 70080, LA: higher priced homes
- 71261, LA: equally priced homes
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