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These days, finding an affordable place to live in the 56621 area can be challenging. Home prices in 56621 are now at a median cost of $180,531, lower than the Minnesota average of $345,793.
The average cost of rent is $719/mo in 56621, primarily driven by the current value of real estate in the 56621 area. In 56621, 22.96% of households rent, and 47.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56621 is $5,569 per month. Households that rent pay about 12.92% of their income on rent here. 56621’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western 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
- 56651, MN: higher priced homes
- 56676, MN: higher priced homes
- 56678, MN: higher priced homes
- 56542, MN: equally priced homes
- 56687, MN: higher priced homes
- 56601, MN: higher priced homes
- 56557, MN: less expensive homes
- 56516, MN: equally priced homes
- 56592, MN: equally priced homes
- 56633, MN: equally priced homes
Zip Codes with Similar Populations
- 01560, MA: higher priced homes
- 01985, MA: higher priced homes
- 02142, MA: higher priced homes
- 02538, MA: higher priced homes
- 03748, NH: higher priced homes
- 59230, MT: higher priced homes
- 54552, WI: less expensive homes
- 58704, ND: higher priced homes
- 57769, SD: higher priced homes
- 57013, SD: higher priced homes
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