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These days, finding an affordable place to live in the 56553 area can be challenging. Home prices in 56553 are now at a median cost of $205,210, lower than the Minnesota average of $269,934.
The average cost of rent is $895/mo in 56553, primarily driven by the current value of real estate in the 56553 area. While nearly 48.96% of residents own their homes outright in 56553, 7.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56553 is $6,342 per month. Households that rent pay about 14.11% of their income on rent here. 56553's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 58001, ND: equally priced homes
- 56594, MN: less expensive homes
- 58018, ND: equally priced homes
- 58015, ND: equally priced homes
- 58077, ND: equally priced homes
- 56579, MN: less expensive homes
- 56533, MN: equally priced homes
- 58057, ND: less expensive homes
- 56534, MN: equally priced homes
- 56572, MN: higher priced homes
Zip Codes with Similar Populations
- 67492, KS: less expensive homes
- 68833, NE: less expensive homes
- 68732, NE: less expensive homes
- 68416, NE: less expensive homes
- 68348, NE: less expensive homes
- 67739, KS: less expensive homes
- 67664, KS: less expensive homes
- 67649, KS: less expensive homes
- 67564, KS: less expensive homes
- 69218, NE: less expensive homes
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