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These days, finding an affordable place to live in the 56556 area can be challenging. Home prices in 56556 are now at a median cost of $115,125, lower than the Minnesota average of $269,934.
The average cost of rent is $705/mo in 56556, primarily driven by the current value of real estate in the 56556 area. While nearly 49.94% of residents own their homes outright in 56556, 26.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56556 is $5,028 per month. Households that rent pay about 14.01% of their income on rent here. 56556's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56535, MN: higher priced homes
- 56592, MN: higher priced homes
- 56542, MN: higher priced homes
- 56736, MN: higher priced homes
- 56646, MN: higher priced homes
- 56644, MN: higher priced homes
- 56540, MN: higher priced homes
- 56634, MN: higher priced homes
- 56652, MN: higher priced homes
- 56517, MN: higher priced homes
Zip Codes with Similar Populations
- 38391, TN: equally priced homes
- 75928, TX: less expensive homes
- 75560, TX: less expensive homes
- 74951, OK: less expensive homes
- 72773, AR: higher priced homes
- 02071, MA: higher priced homes
- 46348, IN: higher priced homes
- 39643, MS: less expensive homes
- 39361, MS: less expensive homes
- 77442, TX: higher priced homes
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