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These days, finding an affordable place to live in the 56474 area can be challenging. Home prices in 56474 are now at a median cost of $215,268, lower than the Minnesota average of $269,934.
The average cost of rent is $794/mo in 56474, primarily driven by the current value of real estate in the 56474 area. While nearly 44.97% of residents own their homes outright in 56474, 17.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56474 is $4,676 per month. Households that rent pay about 16.98% of their income on rent here. 56474's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56456, MN: equally priced homes
- 56435, MN: less expensive homes
- 56472, MN: higher priced homes
- 56442, MN: higher priced homes
- 56448, MN: higher priced homes
- 56447, MN: higher priced homes
- 56662, MN: equally priced homes
- 56477, MN: less expensive homes
- 56464, MN: less expensive homes
- 56469, MN: less expensive homes
Zip Codes with Similar Populations
- 05060, VT: equally priced homes
- 04578, ME: higher priced homes
- 03784, NH: higher priced homes
- 04462, ME: less expensive homes
- 04429, ME: higher priced homes
- 61745, IL: less expensive homes
- 62411, IL: less expensive homes
- 61910, IL: less expensive homes
- 61883, IL: less expensive homes
- 61880, IL: less expensive homes
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