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These days, finding an affordable place to live in the 56455 area can be challenging. Home prices in 56455 are now at a median cost of $160,862, lower than the Minnesota average of $269,934.
The average cost of rent is $755/mo in 56455, primarily driven by the current value of real estate in the 56455 area. While nearly 33.36% of residents own their homes outright in 56455, 18.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56455 is $5,093 per month. Households that rent pay about 14.83% of their income on rent here. 56455's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 56441, MN: equally priced homes
- 56444, MN: higher priced homes
- 56465, MN: higher priced homes
- 56401, MN: higher priced homes
- 56431, MN: higher priced homes
- 56468, MN: higher priced homes
- 56425, MN: higher priced homes
- 56473, MN: higher priced homes
- 56466, MN: higher priced homes
- 56479, MN: less expensive homes
Zip Codes with Similar Populations
- 02462, MA: higher priced homes
- 97348, OR: higher priced homes
- 87062, NM: less expensive homes
- 84751, UT: higher priced homes
- 83434, ID: higher priced homes
- 81415, CO: higher priced homes
- 59412, MT: higher priced homes
- 25625, WV: less expensive homes
- 25286, WV: less expensive homes
- 24311, VA: less expensive homes
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