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These days, finding an affordable place to live in the 56464 area can be challenging. Home prices in 56464 are now at a median cost of $212,318, lower than the Minnesota average of $345,793.
The average cost of rent is $871/mo in 56464, primarily driven by the current value of real estate in the 56464 area. In 56464, 19.21% of households rent, and 43.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56464 is $5,727 per month. Households that rent pay about 15.21% of their income on rent here. 56464’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 56477, MN: equally priced homes
- 56544, MN: higher priced homes
- 56435, MN: higher priced homes
- 56501, MN: higher priced homes
- 56474, MN: higher priced homes
- 56587, MN: higher priced homes
- 56456, MN: higher priced homes
- 56472, MN: higher priced homes
- 56511, MN: higher priced homes
- 56554, MN: higher priced homes
Zip Codes with Similar Populations
- 14546, NY: equally priced homes
- 95655, CA: higher priced homes
- 95619, CA: higher priced homes
- 94005, CA: higher priced homes
- 92590, CA: higher priced homes
- 12498, NY: higher priced homes
- 92210, CA: higher priced homes
- 12887, NY: less expensive homes
- 12992, NY: less expensive homes
- 85256, AZ: less expensive homes
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