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These days, finding an affordable place to live in the 56627 area can be challenging. Home prices in 56627 are now at a median cost of $153,002, lower than the Minnesota average of $345,793.
The average cost of rent is $633/mo in 56627, primarily driven by the current value of real estate in the 56627 area. In 56627, 10.68% of households rent, and 59.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56627 is $5,302 per month. Households that rent pay about 11.93% of their income on rent here. 56627’s most expensive areas are in the northern 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
- 56658, MN: equally priced homes
- 56685, MN: higher priced homes
- 55772, MN: higher priced homes
- 55771, MN: higher priced homes
- 56666, MN: equally priced homes
- 55725, MN: higher priced homes
- 56725, MN: higher priced homes
- 56701, MN: higher priced homes
- 56754, MN: higher priced homes
- 56760, MN: higher priced homes
Zip Codes with Similar Populations
- 98621, WA: higher priced homes
- 57474, SD: higher priced homes
- 57538, SD: higher priced homes
- 57585, SD: less expensive homes
- 57646, SD: less expensive homes
- 57748, SD: higher priced homes
- 58004, ND: higher priced homes
- 01561, MA: higher priced homes
- 58377, ND: higher priced homes
- 58490, ND: higher priced homes
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