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These days, finding an affordable place to live in the 56651 area can be challenging. Home prices in 56651 are now at a median cost of $154,600, lower than the Minnesota average of $269,934.
The average cost of rent is $694/mo in 56651, primarily driven by the current value of real estate in the 56651 area. While nearly 59.56% of residents own their homes outright in 56651, 18.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56651 is $4,982 per month. Households that rent pay about 13.93% of their income on rent here. 56651's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 56542, MN: equally priced homes
- 56621, MN: less expensive homes
- 56516, MN: equally priced homes
- 56557, MN: less expensive homes
- 56592, MN: equally priced homes
- 56676, MN: higher priced homes
- 56678, MN: higher priced homes
- 56687, MN: higher priced homes
- 56545, MN: less expensive homes
- 56540, MN: equally priced homes
Zip Codes with Similar Populations
- 23461, VA: higher priced homes
- 15715, PA: less expensive homes
- 97429, OR: higher priced homes
- 16938, PA: less expensive homes
- 17212, PA: equally priced homes
- 17221, PA: equally priced homes
- 17850, PA: less expensive homes
- 20317, DC: higher priced homes
- 22437, VA: higher priced homes
- 02833, RI: higher priced homes
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