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These days, finding an affordable place to live in the 56481 area can be challenging. Home prices in 56481 are now at a median cost of $152,620, lower than the Minnesota average of $269,934.
The average cost of rent is $733/mo in 56481, primarily driven by the current value of real estate in the 56481 area. While nearly 43.40% of residents own their homes outright in 56481, 13.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56481 is $5,345 per month. Households that rent pay about 13.71% of their income on rent here. 56481's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 56434, MN: equally priced homes
- 56482, MN: less expensive homes
- 56479, MN: equally priced homes
- 56453, MN: less expensive homes
- 56518, MN: equally priced homes
- 56466, MN: higher priced homes
- 56527, MN: higher priced homes
- 56567, MN: higher priced homes
- 56551, MN: higher priced homes
- 56473, MN: higher priced homes
Zip Codes with Similar Populations
- 72324, AR: less expensive homes
- 23047, VA: higher priced homes
- 22637, VA: higher priced homes
- 18350, PA: equally priced homes
- 18214, PA: equally priced homes
- 17830, PA: equally priced homes
- 16120, PA: equally priced homes
- 15035, PA: less expensive homes
- 14544, NY: less expensive homes
- 13431, NY: equally priced homes
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