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Affordable
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These days, finding an affordable place to live in the 56634 area can be challenging. Home prices in 56634 are now at a median cost of $190,125, lower than the Minnesota average of $345,793.
The average cost of rent is $755/mo in 56634, primarily driven by the current value of real estate in the 56634 area. In 56634, 22.84% of households rent, and 51.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56634 is $5,437 per month. Households that rent pay about 13.88% of their income on rent here. 56634’s most expensive areas are in the southern 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
- 56644, MN: higher priced homes
- 56652, MN: higher priced homes
- 56646, MN: equally priced homes
- 56676, MN: higher priced homes
- 56542, MN: equally priced homes
- 56556, MN: less expensive homes
- 56687, MN: higher priced homes
- 56667, MN: higher priced homes
- 56535, MN: higher priced homes
- 56592, MN: equally priced homes
Zip Codes with Similar Populations
- 04411, ME: equally priced homes
- 98278, WA: higher priced homes
- 87747, NM: less expensive homes
- 84513, UT: higher priced homes
- 83839, ID: higher priced homes
- 80809, CO: higher priced homes
- 78933, TX: higher priced homes
- 76670, TX: higher priced homes
- 75929, TX: less expensive homes
- 18923, PA: higher priced homes
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