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These days, finding an affordable place to live in the 56522 area can be challenging. Home prices in 56522 are now at a median cost of $165,191, lower than the Minnesota average of $269,934.
The average cost of rent is $1,119/mo in 56522, primarily driven by the current value of real estate in the 56522 area. While nearly 49.49% of residents own their homes outright in 56522, 9.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56522 is $6,044 per month. Households that rent pay about 18.52% of their income on rent here. 56522's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56565, MN: less expensive homes
- 56583, MN: equally priced homes
- 56543, MN: equally priced homes
- 56520, MN: equally priced homes
- 58030, ND: less expensive homes
- 56590, MN: higher priced homes
- 58076, ND: higher priced homes
- 58075, ND: equally priced homes
- 56537, MN: higher priced homes
- 56324, MN: higher priced homes
Zip Codes with Similar Populations
- 29838, SC: less expensive homes
- 85531, AZ: higher priced homes
- 82221, WY: higher priced homes
- 50578, IA: less expensive homes
- 40830, KY: less expensive homes
- 36444, AL: less expensive homes
- 36013, AL: higher priced homes
- 31631, GA: less expensive homes
- 30470, GA: less expensive homes
- 86331, AZ: higher priced homes
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