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These days, finding an affordable place to live in the 56535 area can be challenging. Home prices in 56535 are now at a median cost of $211,034, lower than the Minnesota average of $345,793.
The average cost of rent is $859/mo in 56535, primarily driven by the current value of real estate in the 56535 area. In 56535, 28.75% of households rent, and 48.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56535 is $5,653 per month. Households that rent pay about 15.20% of their income on rent here. 56535’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern 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
- 56556, MN: less expensive homes
- 56736, MN: higher priced homes
- 56592, MN: less expensive homes
- 56540, MN: equally priced homes
- 56542, MN: less expensive homes
- 56646, MN: equally priced homes
- 56517, MN: less expensive homes
- 56644, MN: higher priced homes
- 56716, MN: equally priced homes
- 56634, MN: less expensive homes
Zip Codes with Similar Populations
- 52037, IA: less expensive homes
- 78406, TX: less expensive homes
- 78151, TX: less expensive homes
- 78058, TX: higher priced homes
- 55775, MN: equally priced homes
- 04238, ME: higher priced homes
- 54557, WI: higher priced homes
- 54511, WI: less expensive homes
- 54488, WI: less expensive homes
- 79043, TX: less expensive homes
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