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These days, finding an affordable place to live in the 56549 area can be challenging. Home prices in 56549 are now at a median cost of $321,092, lower than the Minnesota average of $345,793.
The average cost of rent is $769/mo in 56549, primarily driven by the current value of real estate in the 56549 area. In 56549, 16.51% of households rent, and 40.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56549 is $8,567 per month. Households that rent pay about 8.98% of their income on rent here. 56549’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 56552, MN: less expensive homes
- 56554, MN: higher priced homes
- 56547, MN: equally priced homes
- 56511, MN: higher priced homes
- 56580, MN: equally priced homes
- 56529, MN: less expensive homes
- 56560, MN: less expensive homes
- 56563, MN: less expensive homes
- 56562, MN: less expensive homes
- 58102, ND: less expensive homes
Zip Codes with Similar Populations
- 22727, VA: higher priced homes
- 24801, WV: less expensive homes
- 98024, WA: higher priced homes
- 98249, WA: higher priced homes
- 24368, VA: less expensive homes
- 24340, VA: less expensive homes
- 98251, WA: higher priced homes
- 98365, WA: higher priced homes
- 00606, PR: less expensive homes
- 22904, VA: higher priced homes
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