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These days, finding an affordable place to live in the 56586 area can be challenging. Home prices in 56586 are now at a median cost of $247,085, lower than the Minnesota average of $269,934.
The average cost of rent is $957/mo in 56586, primarily driven by the current value of real estate in the 56586 area. While nearly 45.43% of residents own their homes outright in 56586, 8.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56586 is $6,497 per month. Households that rent pay about 14.73% of their income on rent here. 56586's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56515, MN: higher priced homes
- 56537, MN: less expensive homes
- 56524, MN: equally priced homes
- 56576, MN: equally priced homes
- 56534, MN: less expensive homes
- 56533, MN: less expensive homes
- 56571, MN: equally priced homes
- 56588, MN: equally priced homes
- 56551, MN: equally priced homes
- 56543, MN: less expensive homes
Zip Codes with Similar Populations
- 59221, MT: less expensive homes
- 30568, GA: less expensive homes
- 36475, AL: less expensive homes
- 37318, TN: less expensive homes
- 37325, TN: less expensive homes
- 38368, TN: less expensive homes
- 40507, KY: higher priced homes
- 42352, KY: less expensive homes
- 43136, OH: equally priced homes
- 03221, NH: equally priced homes
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