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These days, finding an affordable place to live in the 56448 area can be challenging. Home prices in 56448 are now at a median cost of $294,036, higher than the Minnesota average of $269,934.
The average cost of rent is $1,242/mo in 56448, primarily driven by the current value of real estate in the 56448 area. While nearly 50.37% of residents own their homes outright in 56448, 6.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56448 is $5,063 per month. Households that rent pay about 24.54% of their income on rent here. 56448's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 56447, MN: equally priced homes
- 56442, MN: higher priced homes
- 56662, MN: less expensive homes
- 56472, MN: less expensive homes
- 56456, MN: less expensive homes
- 56474, MN: less expensive homes
- 56435, MN: less expensive homes
- 56469, MN: less expensive homes
- 55760, MN: less expensive homes
- 55787, MN: less expensive homes
Zip Codes with Similar Populations
- 41146, KY: less expensive homes
- 84038, UT: higher priced homes
- 83821, ID: equally priced homes
- 83633, ID: equally priced homes
- 83414, WY: higher priced homes
- 82334, WY: less expensive homes
- 82212, WY: less expensive homes
- 81244, CO: less expensive homes
- 80727, CO: less expensive homes
- 78072, TX: less expensive homes
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