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Affordable
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These days, finding an affordable place to live in the 56443 area can be challenging. Home prices in 56443 are now at a median cost of $298,312, lower than the Minnesota average of $345,793.
The average cost of rent is $1,031/mo in 56443, primarily driven by the current value of real estate in the 56443 area. In 56443, 7.41% of households rent, and 46.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56443 is $5,990 per month. Households that rent pay about 17.21% of their income on rent here. 56443’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern 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
- 56475, MN: less expensive homes
- 56438, MN: less expensive homes
- 56449, MN: equally priced homes
- 56440, MN: less expensive homes
- 56437, MN: less expensive homes
- 56446, MN: less expensive homes
- 56354, MN: higher priced homes
- 56361, MN: less expensive homes
- 56338, MN: equally priced homes
- 56450, MN: less expensive homes
Zip Codes with Similar Populations
- 77622, TX: less expensive homes
- 35098, AL: less expensive homes
- 40737, KY: less expensive homes
- 42079, KY: less expensive homes
- 54759, WI: less expensive homes
- 72932, AR: less expensive homes
- 74852, OK: less expensive homes
- 74939, OK: less expensive homes
- 75943, TX: less expensive homes
- 76679, TX: less expensive homes
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