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These days, finding an affordable place to live in the 56473 area can be challenging. Home prices in 56473 are now at a median cost of $285,594, lower than the Minnesota average of $345,793.
The average cost of rent is $1,217/mo in 56473, primarily driven by the current value of real estate in the 56473 area. In 56473, 10.47% of households rent, and 37.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56473 is $7,008 per month. Households that rent pay about 17.37% of their income on rent here. 56473’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 56425, MN: higher priced homes
- 56466, MN: less expensive homes
- 56401, MN: equally priced homes
- 56468, MN: higher priced homes
- 56479, MN: less expensive homes
- 56455, MN: less expensive homes
- 56434, MN: less expensive homes
- 56481, MN: less expensive homes
- 56444, MN: higher priced homes
- 56437, MN: less expensive homes
Zip Codes with Similar Populations
- 79845, TX: less expensive homes
- 86514, AZ: less expensive homes
- 08089, NJ: equally priced homes
- 60421, IL: equally priced homes
- 81641, CO: higher priced homes
- 27209, NC: less expensive homes
- 78659, TX: higher priced homes
- 36441, AL: less expensive homes
- 65604, MO: less expensive homes
- 61546, IL: less expensive homes
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