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These days, finding an affordable place to live in the 56475 area can be challenging. Home prices in 56475 are now at a median cost of $184,969, lower than the Minnesota average of $269,934.
The average cost of rent is $815/mo in 56475, primarily driven by the current value of real estate in the 56475 area. While nearly 43.25% of residents own their homes outright in 56475, 12.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56475 is $4,707 per month. Households that rent pay about 17.31% of their income on rent here. 56475's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56443, MN: equally priced homes
- 56328, MN: higher priced homes
- 56345, MN: equally priced homes
- 56449, MN: higher priced homes
- 56382, MN: equally priced homes
- 56438, MN: less expensive homes
- 56347, MN: less expensive homes
- 56440, MN: less expensive homes
- 56364, MN: higher priced homes
- 56446, MN: less expensive homes
Zip Codes with Similar Populations
- 95415, CA: higher priced homes
- 87710, NM: higher priced homes
- 78055, TX: higher priced homes
- 12086, NY: equally priced homes
- 13661, NY: less expensive homes
- 45168, OH: equally priced homes
- 56338, MN: higher priced homes
- 56326, MN: equally priced homes
- 53510, WI: equally priced homes
- 50070, IA: higher priced homes
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