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These days, finding an affordable place to live in the 56521 area can be challenging. Home prices in 56521 are now at a median cost of $214,932, lower than the Minnesota average of $345,793.
The average cost of rent is $804/mo in 56521, primarily driven by the current value of real estate in the 56521 area. In 56521, 13.12% of households rent, and 55.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56521 is $5,918 per month. Households that rent pay about 13.59% of their income on rent here. 56521’s most expensive areas are in the southeastern 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
- 56577, MN: higher priced homes
- 56569, MN: equally priced homes
- 56591, MN: equally priced homes
- 56578, MN: higher priced homes
- 56501, MN: higher priced homes
- 56511, MN: higher priced homes
- 56554, MN: higher priced homes
- 56552, MN: higher priced homes
- 56585, MN: higher priced homes
- 56575, MN: higher priced homes
Zip Codes with Similar Populations
- 03875, NH: higher priced homes
- 62547, IL: less expensive homes
- 58005, ND: higher priced homes
- 58759, ND: higher priced homes
- 58843, ND: higher priced homes
- 59448, MT: less expensive homes
- 61039, IL: less expensive homes
- 62292, IL: less expensive homes
- 62311, IL: less expensive homes
- 62378, IL: less expensive homes
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