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These days, finding an affordable place to live in the 56588 area can be challenging. Home prices in 56588 are now at a median cost of $239,789, lower than the Minnesota average of $269,934.
The average cost of rent is $932/mo in 56588, primarily driven by the current value of real estate in the 56588 area. While nearly 52.13% of residents own their homes outright in 56588, 9.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56588 is $5,512 per month. Households that rent pay about 16.91% of their income on rent here. 56588's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 56524, MN: equally priced homes
- 56551, MN: equally priced homes
- 56361, MN: less expensive homes
- 56515, MN: higher priced homes
- 56527, MN: less expensive homes
- 56586, MN: equally priced homes
- 56324, MN: equally priced homes
- 56453, MN: less expensive homes
- 56446, MN: less expensive homes
- 56437, MN: less expensive homes
Zip Codes with Similar Populations
- 72955, AR: less expensive homes
- 55712, MN: less expensive homes
- 55763, MN: less expensive homes
- 56035, MN: less expensive homes
- 56123, MN: less expensive homes
- 56211, MN: less expensive homes
- 56323, MN: less expensive homes
- 72156, AR: less expensive homes
- 72566, AR: less expensive homes
- 54867, WI: less expensive homes
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