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These days, finding an affordable place to live in the 56484 area can be challenging. Home prices in 56484 are now at a median cost of $311,303, lower than the Minnesota average of $345,793.
The average cost of rent is $873/mo in 56484, primarily driven by the current value of real estate in the 56484 area. In 56484, 20.48% of households rent, and 53.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56484 is $5,697 per month. Households that rent pay about 15.32% of their income on rent here. 56484’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 56436, MN: less expensive homes
- 56433, MN: less expensive homes
- 56452, MN: equally priced homes
- 56467, MN: equally priced homes
- 56655, MN: higher priced homes
- 56470, MN: equally priced homes
- 56672, MN: less expensive homes
- 56570, MN: less expensive homes
- 56575, MN: less expensive homes
- 55785, MN: less expensive homes
Zip Codes with Similar Populations
- 02668, MA: higher priced homes
- 03753, NH: higher priced homes
- 97396, OR: higher priced homes
- 80828, CO: less expensive homes
- 79311, TX: less expensive homes
- 75946, TX: less expensive homes
- 70515, LA: less expensive homes
- 64020, MO: less expensive homes
- 54949, WI: less expensive homes
- 54013, WI: equally priced homes
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