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These days, finding an affordable place to live in the 56519 area can be challenging. Home prices in 56519 are now at a median cost of $193,397, lower than the Minnesota average of $345,793.
The average cost of rent is $749/mo in 56519, primarily driven by the current value of real estate in the 56519 area. In 56519, 18.25% of households rent, and 55.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56519 is $6,322 per month. Households that rent pay about 11.84% of their income on rent here. 56519’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 56536, MN: higher priced homes
- 56574, MN: less expensive homes
- 56546, MN: higher priced homes
- 56585, MN: higher priced homes
- 56584, MN: less expensive homes
- 56550, MN: less expensive homes
- 56541, MN: less expensive homes
- 58036, ND: higher priced homes
- 58005, ND: higher priced homes
- 58038, ND: higher priced homes
Zip Codes with Similar Populations
- 76680, TX: higher priced homes
- 55973, MN: higher priced homes
- 56517, MN: less expensive homes
- 56543, MN: equally priced homes
- 57239, SD: higher priced homes
- 57448, SD: less expensive homes
- 73756, OK: equally priced homes
- 73835, OK: less expensive homes
- 74050, OK: less expensive homes
- 74438, OK: less expensive homes
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