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These days, finding an affordable place to live in the 56626 area can be challenging. Home prices in 56626 are now at a median cost of $170,700, lower than the Minnesota average of $345,793.
The average cost of rent is $839/mo in 56626, primarily driven by the current value of real estate in the 56626 area. In 56626, 27.11% of households rent, and 56.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56626 is $4,050 per month. Households that rent pay about 20.71% of their income on rent here. 56626’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 56641, MN: higher priced homes
- 56633, MN: higher priced homes
- 56636, MN: higher priced homes
- 56461, MN: higher priced homes
- 55721, MN: higher priced homes
- 56601, MN: higher priced homes
- 55744, MN: higher priced homes
- 56458, MN: higher priced homes
- 55722, MN: higher priced homes
- 56678, MN: higher priced homes
Zip Codes with Similar Populations
- 72569, AR: equally priced homes
- 44838, OH: higher priced homes
- 46102, IN: higher priced homes
- 49104, MI: higher priced homes
- 49710, MI: higher priced homes
- 50034, IA: equally priced homes
- 50420, IA: less expensive homes
- 50440, IA: equally priced homes
- 51636, IA: less expensive homes
- 43033, OH: higher priced homes
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