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These days, finding an affordable place to live in the 56517 area can be challenging. Home prices in 56517 are now at a median cost of $160,063, lower than the Minnesota average of $269,934.
The average cost of rent is $624/mo in 56517, primarily driven by the current value of real estate in the 56517 area. While nearly 55.93% of residents own their homes outright in 56517, 16.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56517 is $5,619 per month. Households that rent pay about 11.11% of their income on rent here. 56517's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56540, MN: equally priced homes
- 56568, MN: less expensive homes
- 56581, MN: less expensive homes
- 56523, MN: equally priced homes
- 58219, ND: less expensive homes
- 56736, MN: higher priced homes
- 56535, MN: higher priced homes
- 56592, MN: equally priced homes
- 58223, ND: equally priced homes
- 58218, ND: higher priced homes
Zip Codes with Similar Populations
- 74349, OK: equally priced homes
- 57452, SD: less expensive homes
- 57766, SD: less expensive homes
- 57780, SD: less expensive homes
- 58223, ND: equally priced homes
- 58455, ND: higher priced homes
- 70524, LA: less expensive homes
- 70654, LA: less expensive homes
- 72134, AR: less expensive homes
- 72175, AR: less expensive homes
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