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These days, finding an affordable place to live in the 56734 area can be challenging. Home prices in 56734 are now at a median cost of $152,426, lower than the Minnesota average of $345,793.
The average cost of rent is $753/mo in 56734, primarily driven by the current value of real estate in the 56734 area. In 56734, 16.88% of households rent, and 59.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56734 is $6,539 per month. Households that rent pay about 11.52% of their income on rent here. 56734’s most expensive areas are in the central regions, while the cheapest areas are in the western 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: equally priced homes
- 56735, MN: less expensive homes
- 56733, MN: less expensive homes
- 56728, MN: equally priced homes
- 56726, MN: equally priced homes
- 56714, MN: higher priced homes
- 58238, ND: less expensive homes
- 58236, ND: less expensive homes
- 58276, ND: less expensive homes
- 58216, ND: less expensive homes
Zip Codes with Similar Populations
- 47110, IN: equally priced homes
- 76460, TX: equally priced homes
- 74754, OK: equally priced homes
- 73716, OK: less expensive homes
- 72721, AR: equally priced homes
- 57633, SD: less expensive homes
- 51037, IA: equally priced homes
- 50577, IA: equally priced homes
- 50565, IA: less expensive homes
- 50262, IA: less expensive homes
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