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These days, finding an affordable place to live in the 56547 area can be challenging. Home prices in 56547 are now at a median cost of $239,874, lower than the Minnesota average of $269,934.
The average cost of rent is $625/mo in 56547, primarily driven by the current value of real estate in the 56547 area. While nearly 38.91% of residents own their homes outright in 56547, 14.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56547 is $7,274 per month. Households that rent pay about 8.59% of their income on rent here. 56547's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56529, MN: equally priced homes
- 56580, MN: equally priced homes
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- 56562, MN: less expensive homes
- 58102, ND: less expensive homes
- 58105, ND: higher priced homes
- 56549, MN: equally priced homes
- 58103, ND: less expensive homes
- 58104, ND: higher priced homes
Zip Codes with Similar Populations
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- 31019, GA: less expensive homes
- 26159, WV: less expensive homes
- 89019, NV: equally priced homes
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