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These days, finding an affordable place to live in the 56594 area can be challenging. Home prices in 56594 are now at a median cost of $225,340, lower than the Minnesota average of $345,793.
The average cost of rent is $692/mo in 56594, primarily driven by the current value of real estate in the 56594 area. In 56594, 10.64% of households rent, and 56.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56594 is $7,385 per month. Households that rent pay about 9.37% of their income on rent here. 56594’s most expensive areas are in the eastern 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
- 58015, ND: higher priced homes
- 56525, MN: higher priced homes
- 58001, ND: higher priced homes
- 56553, MN: equally priced homes
- 58018, ND: higher priced homes
- 58077, ND: higher priced homes
- 56514, MN: higher priced homes
- 58051, ND: higher priced homes
- 56579, MN: equally priced homes
- 58057, ND: equally priced homes
Zip Codes with Similar Populations
- 36773, AL: less expensive homes
- 85141, AZ: higher priced homes
- 84762, UT: higher priced homes
- 84061, UT: higher priced homes
- 51543, IA: less expensive homes
- 50160, IA: higher priced homes
- 49967, MI: less expensive homes
- 49886, MI: less expensive homes
- 43939, OH: less expensive homes
- 38333, TN: less expensive homes
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