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These days, finding an affordable place to live in the 56545 area can be challenging. Home prices in 56545 are now at a median cost of $126,876, lower than the Minnesota average of $269,934.
The average cost of rent is $788/mo in 56545, primarily driven by the current value of real estate in the 56545 area. While nearly 55.93% of residents own their homes outright in 56545, 7.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56545 is $5,537 per month. Households that rent pay about 14.23% of their income on rent here. 56545's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56584, MN: less expensive homes
- 56516, MN: higher priced homes
- 56510, MN: less expensive homes
- 56557, MN: less expensive homes
- 56548, MN: less expensive homes
- 56581, MN: less expensive homes
- 56550, MN: less expensive homes
- 56651, MN: higher priced homes
- 56566, MN: higher priced homes
- 58219, ND: equally priced homes
Zip Codes with Similar Populations
- 29320, SC: less expensive homes
- 83645, ID: higher priced homes
- 50449, IA: less expensive homes
- 46766, IN: equally priced homes
- 43948, OH: less expensive homes
- 41828, KY: less expensive homes
- 41669, KY: less expensive homes
- 40813, KY: less expensive homes
- 40115, KY: less expensive homes
- 35112, AL: higher priced homes
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