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These days, finding an affordable place to live in the 56583 area can be challenging. Home prices in 56583 are now at a median cost of $193,226, lower than the Minnesota average of $345,793.
The average cost of rent is $760/mo in 56583, primarily driven by the current value of real estate in the 56583 area. In 56583, 9.02% of households rent, and 69.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56583 is $7,345 per month. Households that rent pay about 10.34% of their income on rent here. 56583’s most expensive areas are in the central 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
- 56565, MN: less expensive homes
- 56522, MN: equally priced homes
- 56590, MN: higher priced homes
- 58030, ND: less expensive homes
- 56531, MN: less expensive homes
- 56311, MN: higher priced homes
- 56324, MN: higher priced homes
- 58041, ND: equally priced homes
- 56309, MN: higher priced homes
- 58058, ND: equally priced homes
Zip Codes with Similar Populations
- 02836, RI: higher priced homes
- 66838, KS: less expensive homes
- 68929, NE: less expensive homes
- 68789, NE: less expensive homes
- 68734, NE: equally priced homes
- 68458, NE: equally priced homes
- 67857, KS: less expensive homes
- 67667, KS: higher priced homes
- 67155, KS: less expensive homes
- 66960, KS: less expensive homes
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