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These days, finding an affordable place to live in the 56637 area can be challenging. Home prices in 56637 are now at a median cost of $283,017, lower than the Minnesota average of $345,793.
The average cost of rent is $955/mo in 56637, primarily driven by the current value of real estate in the 56637 area. In 56637, 0.24% of households rent, and 57.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56637 is $5,544 per month. Households that rent pay about 17.22% of their income on rent here. 56637’s most expensive areas are in the southeastern 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
- 56680, MN: less expensive homes
- 56657, MN: higher priced homes
- 56659, MN: equally priced homes
- 56688, MN: less expensive homes
- 56628, MN: less expensive homes
- 56681, MN: equally priced homes
- 56663, MN: less expensive homes
- 56630, MN: less expensive homes
- 55781, MN: equally priced homes
- 56647, MN: less expensive homes
Zip Codes with Similar Populations
- 04490, ME: less expensive homes
- 67065, KS: less expensive homes
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- 67418, KS: less expensive homes
- 67364, KS: less expensive homes
- 67112, KS: less expensive homes
- 67072, KS: less expensive homes
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