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These days, finding an affordable place to live in the 56737 area can be challenging. Home prices in 56737 are now at a median cost of $163,006, lower than the Minnesota average of $345,793.
The average cost of rent is $503/mo in 56737, primarily driven by the current value of real estate in the 56737 area. In 56737, 18.60% of households rent, and 66.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56737 is $6,606 per month. Households that rent pay about 7.62% of their income on rent here. 56737’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 56759, MN: equally priced homes
- 56738, MN: higher priced homes
- 56724, MN: equally priced homes
- 56758, MN: equally priced homes
- 56732, MN: less expensive homes
- 56727, MN: equally priced homes
- 56713, MN: higher priced homes
- 56757, MN: less expensive homes
- 56720, MN: less expensive homes
- 58225, ND: less expensive homes
Zip Codes with Similar Populations
- 04551, ME: higher priced homes
- 05732, VT: higher priced homes
- 98572, WA: higher priced homes
- 69163, NE: higher priced homes
- 55370, MN: higher priced homes
- 57036, SD: higher priced homes
- 57751, SD: higher priced homes
- 59443, MT: higher priced homes
- 59479, MT: higher priced homes
- 61261, IL: less expensive homes
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