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These days, finding an affordable place to live in the 56523 area can be challenging. Home prices in 56523 are now at a median cost of $162,659, lower than the Minnesota average of $269,934.
The average cost of rent is $723/mo in 56523, primarily driven by the current value of real estate in the 56523 area. While nearly 51.57% of residents own their homes outright in 56523, 18.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56523 is $6,294 per month. Households that rent pay about 11.49% of their income on rent here. 56523's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 56568, MN: less expensive homes
- 56723, MN: higher priced homes
- 58218, ND: higher priced homes
- 58275, ND: higher priced homes
- 58223, ND: equally priced homes
- 56716, MN: equally priced homes
- 56517, MN: equally priced homes
- 58278, ND: higher priced homes
- 58257, ND: equally priced homes
- 56540, MN: equally priced homes
Zip Codes with Similar Populations
- 46957, IN: less expensive homes
- 74359, OK: less expensive homes
- 74084, OK: less expensive homes
- 51549, IA: equally priced homes
- 51527, IA: less expensive homes
- 50859, IA: less expensive homes
- 50539, IA: less expensive homes
- 50446, IA: less expensive homes
- 50275, IA: higher priced homes
- 50141, IA: less expensive homes
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