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These days, finding an affordable place to live in the 56639 area can be challenging. Home prices in 56639 are now at a median cost of $188,105, lower than the Minnesota average of $345,793.
The average cost of rent is $988/mo in 56639, primarily driven by the current value of real estate in the 56639 area. In 56639, 25.90% of households rent, and 58.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56639 is $4,059 per month. Households that rent pay about 24.35% of their income on rent here. 56639’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 56688, MN: higher priced homes
- 56660, MN: less expensive homes
- 56661, MN: equally priced homes
- 55703, MN: equally priced homes
- 55723, MN: higher priced homes
- 56630, MN: equally priced homes
- 56650, MN: equally priced homes
- 56647, MN: higher priced homes
- 55790, MN: higher priced homes
- 55782, MN: equally priced homes
Zip Codes with Similar Populations
- 41735, KY: less expensive homes
- 80468, CO: higher priced homes
- 80432, CO: higher priced homes
- 79749, TX: higher priced homes
- 79024, TX: less expensive homes
- 78353, TX: less expensive homes
- 76445, TX: equally priced homes
- 74452, OK: less expensive homes
- 74001, OK: equally priced homes
- 73944, OK: less expensive homes
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