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These days, finding an affordable place to live in the 56438 area can be challenging. Home prices in 56438 are now at a median cost of $159,566, lower than the Minnesota average of $269,934.
The average cost of rent is $831/mo in 56438, primarily driven by the current value of real estate in the 56438 area. While nearly 49.26% of residents own their homes outright in 56438, 16.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56438 is $4,514 per month. Households that rent pay about 18.40% of their income on rent here. 56438's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56440, MN: less expensive homes
- 56446, MN: less expensive homes
- 56443, MN: higher priced homes
- 56437, MN: less expensive homes
- 56475, MN: higher priced homes
- 56354, MN: higher priced homes
- 56361, MN: higher priced homes
- 56449, MN: higher priced homes
- 56588, MN: higher priced homes
- 56524, MN: higher priced homes
Zip Codes with Similar Populations
- 79758, TX: higher priced homes
- 65632, MO: equally priced homes
- 71465, LA: less expensive homes
- 56172, MN: equally priced homes
- 74849, OK: less expensive homes
- 50450, IA: less expensive homes
- 49284, MI: less expensive homes
- 48140, MI: higher priced homes
- 44666, OH: higher priced homes
- 36748, AL: less expensive homes
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