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These days, finding an affordable place to live in the 56738 area can be challenging. Home prices in 56738 are now at a median cost of $182,154, lower than the Minnesota average of $345,793.
The average cost of rent is $724/mo in 56738, primarily driven by the current value of real estate in the 56738 area. In 56738, 11.88% of households rent, and 56.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56738 is $6,217 per month. Households that rent pay about 11.64% of their income on rent here. 56738’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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
- 56760, MN: higher priced homes
- 56737, MN: less expensive homes
- 56758, MN: less expensive homes
- 56713, MN: equally priced homes
- 56757, MN: less expensive homes
- 56724, MN: less expensive homes
- 56727, MN: equally priced homes
- 58261, ND: less expensive homes
- 58237, ND: less expensive homes
- 58233, ND: less expensive homes
Zip Codes with Similar Populations
- 79012, TX: higher priced homes
- 48445, MI: less expensive homes
- 49126, MI: higher priced homes
- 49227, MI: equally priced homes
- 49347, MI: equally priced homes
- 49853, MI: less expensive homes
- 50002, IA: higher priced homes
- 51454, IA: less expensive homes
- 53804, WI: less expensive homes
- 54529, WI: higher priced homes
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