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These days, finding an affordable place to live in the 56649 area can be challenging. Home prices in 56649 are now at a median cost of $171,651, lower than the Minnesota average of $345,793.
The average cost of rent is $617/mo in 56649, primarily driven by the current value of real estate in the 56649 area. In 56649, 20.77% of households rent, and 50.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56649 is $5,678 per month. Households that rent pay about 10.86% of their income on rent here. 56649’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern 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
- 56668, MN: higher priced homes
- 56669, MN: higher priced homes
- 56654, MN: equally priced homes
- 56629, MN: equally priced homes
- 56761, MN: equally priced homes
- 56724, MN: equally priced homes
- 56759, MN: equally priced homes
- 56737, MN: equally priced homes
- 56758, MN: less expensive homes
- 56732, MN: less expensive homes
Zip Codes with Similar Populations
- 03235, NH: higher priced homes
- 03281, NH: higher priced homes
- 04915, ME: higher priced homes
- 05819, VT: higher priced homes
- 06525, CT: higher priced homes
- 50035, IA: higher priced homes
- 49038, MI: higher priced homes
- 50220, IA: less expensive homes
- 50595, IA: less expensive homes
- 53551, WI: higher priced homes
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