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These days, finding an affordable place to live in the 56650 area can be challenging. Home prices in 56650 are now at a median cost of $158,005, lower than the Minnesota average of $269,934.
The average cost of rent is $566/mo in 56650, primarily driven by the current value of real estate in the 56650 area. While nearly 58.75% of residents own their homes outright in 56650, 11.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56650 is $5,869 per month. Households that rent pay about 9.64% of their income on rent here. 56650's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 56661, MN: less expensive homes
- 56660, MN: less expensive homes
- 56666, MN: less expensive homes
- 56670, MN: less expensive homes
- 56671, MN: less expensive homes
- 56658, MN: less expensive homes
- 56639, MN: equally priced homes
- 56684, MN: equally priced homes
- 56742, MN: less expensive homes
- 55772, MN: less expensive homes
Zip Codes with Similar Populations
- 54563, WI: equally priced homes
- 66510, KS: equally priced homes
- 65237, MO: less expensive homes
- 64832, MO: less expensive homes
- 64756, MO: less expensive homes
- 64423, MO: equally priced homes
- 62842, IL: less expensive homes
- 62551, IL: less expensive homes
- 61567, IL: less expensive homes
- 61484, IL: less expensive homes
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