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These days, finding an affordable place to live in the 56537 area can be challenging. Home prices in 56537 are now at a median cost of $242,411, lower than the Minnesota average of $345,793.
The average cost of rent is $892/mo in 56537, primarily driven by the current value of real estate in the 56537 area. In 56537, 28.81% of households rent, and 44.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56537 is $6,181 per month. Households that rent pay about 14.43% of their income on rent here. 56537’s most expensive areas are in the northeastern 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
- 56533, MN: higher priced homes
- 56586, MN: higher priced homes
- 56324, MN: higher priced homes
- 56543, MN: less expensive homes
- 56515, MN: higher priced homes
- 56522, MN: less expensive homes
- 56524, MN: higher priced homes
- 56520, MN: less expensive homes
- 58076, ND: less expensive homes
- 56588, MN: higher priced homes
Zip Codes with Similar Populations
- 68845, NE: higher priced homes
- 34233, FL: higher priced homes
- 35661, AL: less expensive homes
- 46012, IN: less expensive homes
- 46952, IN: less expensive homes
- 47725, IN: higher priced homes
- 48342, MI: less expensive homes
- 48837, MI: equally priced homes
- 53121, WI: higher priced homes
- 53548, WI: equally priced homes
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