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These days, finding an affordable place to live in the 56560 area can be challenging. Home prices in 56560 are now at a median cost of $221,029, lower than the Minnesota average of $269,934.
The average cost of rent is $931/mo in 56560, primarily driven by the current value of real estate in the 56560 area. While nearly 27.21% of residents own their homes outright in 56560, 37.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56560 is $5,864 per month. Households that rent pay about 15.88% of their income on rent here. 56560's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 56563, MN: less expensive homes
- 56562, MN: less expensive homes
- 56529, MN: higher priced homes
- 58103, ND: less expensive homes
- 58102, ND: equally priced homes
- 58105, ND: higher priced homes
- 58104, ND: higher priced homes
- 58078, ND: higher priced homes
- 56580, MN: equally priced homes
- 56547, MN: equally priced homes
Zip Codes with Similar Populations
- 87123, NM: less expensive homes
- 43065, OH: higher priced homes
- 43147, OH: higher priced homes
- 48307, MI: higher priced homes
- 53209, WI: less expensive homes
- 60201, IL: higher priced homes
- 75703, TX: higher priced homes
- 78610, TX: higher priced homes
- 85205, AZ: higher priced homes
- 85382, AZ: higher priced homes
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