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Affordable
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These days, finding an affordable place to live in the 56465 area can be challenging. Home prices in 56465 are now at a median cost of $395,301, higher than the Minnesota average of $345,793.
The average cost of rent is $1,243/mo in 56465, primarily driven by the current value of real estate in the 56465 area. In 56465, 4.84% of households rent, and 49.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56465 is $6,510 per month. Households that rent pay about 19.09% of their income on rent here. 56465’s most expensive areas are in the northwestern 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
- 56455, MN: less expensive homes
- 56441, MN: less expensive homes
- 56468, MN: higher priced homes
- 56472, MN: less expensive homes
- 56442, MN: higher priced homes
- 56444, MN: equally priced homes
- 56456, MN: less expensive homes
- 56431, MN: less expensive homes
- 56481, MN: less expensive homes
- 55760, MN: less expensive homes
Zip Codes with Similar Populations
- 05458, VT: equally priced homes
- 99827, AK: less expensive homes
- 99587, AK: higher priced homes
- 98537, WA: less expensive homes
- 98376, WA: less expensive homes
- 97544, OR: higher priced homes
- 97417, OR: less expensive homes
- 97347, OR: less expensive homes
- 95641, CA: equally priced homes
- 83850, ID: less expensive homes
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