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These days, finding an affordable place to live in the 56573 area can be challenging. Home prices in 56573 are now at a median cost of $285,015, lower than the Minnesota average of $345,793.
The average cost of rent is $853/mo in 56573, primarily driven by the current value of real estate in the 56573 area. In 56573, 28.65% of households rent, and 44.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56573 is $5,836 per month. Households that rent pay about 14.62% of their income on rent here. 56573’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 56567, MN: less expensive homes
- 56576, MN: higher priced homes
- 56571, MN: higher priced homes
- 56528, MN: higher priced homes
- 56587, MN: higher priced homes
- 56518, MN: less expensive homes
- 56482, MN: less expensive homes
- 56572, MN: equally priced homes
- 56534, MN: equally priced homes
- 56477, MN: less expensive homes
Zip Codes with Similar Populations
- 48413, MI: less expensive homes
- 78834, TX: less expensive homes
- 78234, TX: equally priced homes
- 78226, TX: less expensive homes
- 78124, TX: higher priced homes
- 56367, MN: equally priced homes
- 55616, MN: equally priced homes
- 53050, WI: less expensive homes
- 53042, WI: less expensive homes
- 50511, IA: less expensive homes
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