Affordable
Expensive
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These days, finding an affordable place to live in the 56723 area can be challenging. Home prices in 56723 are now at a median cost of $208,786, lower than the Minnesota average of $269,934.
The average cost of rent is $905/mo in 56723, primarily driven by the current value of real estate in the 56723 area. While nearly 48.44% of residents own their homes outright in 56723, 14.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56723 is $7,942 per month. Households that rent pay about 11.39% of their income on rent here. 56723's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 56716, MN: less expensive homes
- 56523, MN: less expensive homes
- 58201, ND: higher priced homes
- 58278, ND: higher priced homes
- 58275, ND: higher priced homes
- 56750, MN: less expensive homes
- 56736, MN: less expensive homes
- 58240, ND: less expensive homes
- 58267, ND: less expensive homes
- 56535, MN: equally priced homes
Zip Codes with Similar Populations
- 05441, VT: equally priced homes
- 65047, MO: less expensive homes
- 62611, IL: less expensive homes
- 63622, MO: less expensive homes
- 63626, MO: less expensive homes
- 63870, MO: less expensive homes
- 63956, MO: less expensive homes
- 64035, MO: less expensive homes
- 64479, MO: less expensive homes
- 64643, MO: less expensive homes
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