The Most Affordable Neighborhoods in 56741, MN by Home Value

 

56741, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 56741 area can be challenging. Home prices in 56741 are now at a median cost of $293,200, higher than the Minnesota average of $269,934.

The average cost of rent is $692/mo in 56741, primarily driven by the current value of real estate in the 56741 area. While nearly 74.19% of residents own their homes outright in 56741, 0.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in 56741 is $3,213 per month. Households that rent pay about 21.54% of their income on rent here. 56741's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.


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