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These days, finding an affordable place to live in the 56580 area can be challenging. Home prices in 56580 are now at a median cost of $300,914, lower than the Minnesota average of $345,793.
The average cost of rent is $1,006/mo in 56580, primarily driven by the current value of real estate in the 56580 area. In 56580, 5.72% of households rent, and 31.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56580 is $9,454 per month. Households that rent pay about 10.64% of their income on rent here. 56580’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern 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
- 56547, MN: equally priced homes
- 56560, MN: less expensive homes
- 56529, MN: less expensive homes
- 56525, MN: equally priced homes
- 56563, MN: less expensive homes
- 56562, MN: less expensive homes
- 58104, ND: higher priced homes
- 58103, ND: less expensive homes
- 58047, ND: higher priced homes
- 58105, ND: higher priced homes
Zip Codes with Similar Populations
- 54721, WI: less expensive homes
- 72479, AR: less expensive homes
- 72459, AR: less expensive homes
- 63532, MO: less expensive homes
- 63440, MO: less expensive homes
- 62988, IL: less expensive homes
- 58647, ND: less expensive homes
- 58282, ND: less expensive homes
- 56314, MN: less expensive homes
- 56180, MN: less expensive homes
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