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These days, finding an affordable place to live in the 56568 area can be challenging. Home prices in 56568 are now at a median cost of $155,297, lower than the Minnesota average of $345,793.
The average cost of rent is $898/mo in 56568, primarily driven by the current value of real estate in the 56568 area. In 56568, 16.15% of households rent, and 55.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56568 is $5,422 per month. Households that rent pay about 16.56% of their income on rent here. 56568’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 56581, MN: less expensive homes
- 58219, ND: higher priced homes
- 56523, MN: higher priced homes
- 58223, ND: higher priced homes
- 58218, ND: higher priced homes
- 56517, MN: equally priced homes
- 58275, ND: higher priced homes
- 58257, ND: higher priced homes
- 56540, MN: higher priced homes
- 58274, ND: higher priced homes
Zip Codes with Similar Populations
- 61855, IL: less expensive homes
- 65286, MO: higher priced homes
- 64433, MO: less expensive homes
- 63674, MO: less expensive homes
- 63467, MO: less expensive homes
- 62965, IL: less expensive homes
- 62344, IL: less expensive homes
- 62266, IL: equally priced homes
- 62076, IL: less expensive homes
- 62065, IL: equally priced homes
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