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These days, finding an affordable place to live in the 56447 area can be challenging. Home prices in 56447 are now at a median cost of $272,064, higher than the Minnesota average of $269,934.
The average cost of rent is $1,222/mo in 56447, primarily driven by the current value of real estate in the 56447 area. While nearly 42.34% of residents own their homes outright in 56447, 6.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56447 is $5,647 per month. Households that rent pay about 21.63% of their income on rent here. 56447's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56448, MN: equally priced homes
- 56662, MN: less expensive homes
- 56442, MN: higher priced homes
- 56472, MN: equally priced homes
- 56469, MN: less expensive homes
- 56456, MN: less expensive homes
- 56474, MN: less expensive homes
- 56435, MN: less expensive homes
- 55760, MN: less expensive homes
- 55787, MN: less expensive homes
Zip Codes with Similar Populations
- 30660, GA: less expensive homes
- 73450, OK: less expensive homes
- 72626, AR: less expensive homes
- 72469, AR: less expensive homes
- 39862, GA: less expensive homes
- 38951, MS: less expensive homes
- 37348, TN: less expensive homes
- 36736, AL: less expensive homes
- 31071, GA: less expensive homes
- 30820, GA: less expensive homes
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