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These days, finding an affordable place to live in the 56533 area can be challenging. Home prices in 56533 are now at a median cost of $193,681, lower than the Minnesota average of $269,934.
The average cost of rent is $1,183/mo in 56533, primarily driven by the current value of real estate in the 56533 area. While nearly 45.11% of residents own their homes outright in 56533, 11.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56533 is $6,277 per month. Households that rent pay about 18.85% of their income on rent here. 56533's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 56534, MN: higher priced homes
- 56537, MN: equally priced homes
- 56579, MN: less expensive homes
- 56543, MN: less expensive homes
- 56586, MN: higher priced homes
- 56515, MN: higher priced homes
- 56520, MN: less expensive homes
- 56576, MN: higher priced homes
- 58076, ND: equally priced homes
- 58075, ND: less expensive homes
Zip Codes with Similar Populations
- 41621, KY: less expensive homes
- 79078, TX: less expensive homes
- 78340, TX: less expensive homes
- 77994, TX: less expensive homes
- 77464, TX: less expensive homes
- 75481, TX: less expensive homes
- 74844, OK: less expensive homes
- 73747, OK: less expensive homes
- 72663, AR: less expensive homes
- 49628, MI: higher priced homes
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