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These days, finding an affordable place to live in the 56527 area can be challenging. Home prices in 56527 are now at a median cost of $228,960, lower than the Minnesota average of $345,793.
The average cost of rent is $647/mo in 56527, primarily driven by the current value of real estate in the 56527 area. In 56527, 11.81% of households rent, and 37.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56527 is $6,019 per month. Households that rent pay about 10.75% of their income on rent here. 56527’s most expensive areas are in the southern 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
- 56551, MN: higher priced homes
- 56518, MN: equally priced homes
- 56482, MN: less expensive homes
- 56453, MN: less expensive homes
- 56571, MN: higher priced homes
- 56588, MN: higher priced homes
- 56437, MN: less expensive homes
- 56481, MN: less expensive homes
- 56524, MN: higher priced homes
- 56434, MN: less expensive homes
Zip Codes with Similar Populations
- 56219, MN: less expensive homes
- 64659, MO: less expensive homes
- 64421, MO: less expensive homes
- 63867, MO: less expensive homes
- 62807, IL: less expensive homes
- 62634, IL: less expensive homes
- 62515, IL: less expensive homes
- 62477, IL: less expensive homes
- 59410, MT: higher priced homes
- 59349, MT: less expensive homes
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