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These days, finding an affordable place to live in the 56440 area can be challenging. Home prices in 56440 are now at a median cost of $130,543, lower than the Minnesota average of $269,934.
The average cost of rent is $743/mo in 56440, primarily driven by the current value of real estate in the 56440 area. While nearly 61.88% of residents own their homes outright in 56440, 16.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56440 is $4,447 per month. Households that rent pay about 16.71% of their income on rent here. 56440's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 56446, MN: equally priced homes
- 56438, MN: higher priced homes
- 56437, MN: less expensive homes
- 56443, MN: higher priced homes
- 56354, MN: higher priced homes
- 56361, MN: higher priced homes
- 56475, MN: higher priced homes
- 56588, MN: higher priced homes
- 56449, MN: higher priced homes
- 56524, MN: higher priced homes
Zip Codes with Similar Populations
- 57735, SD: less expensive homes
- 68920, NE: less expensive homes
- 68765, NE: higher priced homes
- 68651, NE: equally priced homes
- 67578, KS: less expensive homes
- 62668, IL: less expensive homes
- 62665, IL: less expensive homes
- 62540, IL: less expensive homes
- 62376, IL: equally priced homes
- 61729, IL: higher priced homes
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