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These days, finding an affordable place to live in the 56732 area can be challenging. Home prices in 56732 are now at a median cost of $131,505, lower than the Minnesota average of $345,793.
The average cost of rent is $647/mo in 56732, primarily driven by the current value of real estate in the 56732 area. In 56732, 22.78% of households rent, and 54.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56732 is $5,865 per month. Households that rent pay about 11.04% of their income on rent here. 56732’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 56729, MN: higher priced homes
- 56758, MN: higher priced homes
- 56733, MN: equally priced homes
- 56720, MN: equally priced homes
- 56757, MN: less expensive homes
- 56759, MN: higher priced homes
- 56737, MN: higher priced homes
- 58225, ND: less expensive homes
- 56724, MN: higher priced homes
- 56761, MN: higher priced homes
Zip Codes with Similar Populations
- 64733, MO: higher priced homes
- 61413, IL: equally priced homes
- 61572, IL: less expensive homes
- 61770, IL: less expensive homes
- 61771, IL: higher priced homes
- 62567, IL: higher priced homes
- 63352, MO: equally priced homes
- 63748, MO: higher priced homes
- 64484, MO: higher priced homes
- 61279, IL: higher priced homes
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