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These days, finding an affordable place to live in the 56742 area can be challenging. Home prices in 56742 are now at a median cost of $134,838, lower than the Minnesota average of $269,934.
The average cost of rent is $695/mo in 56742, primarily driven by the current value of real estate in the 56742 area. While nearly 55.73% of residents own their homes outright in 56742, 14.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56742 is $5,006 per month. Households that rent pay about 13.89% of their income on rent here. 56742's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 56684, MN: higher priced homes
- 56715, MN: less expensive homes
- 56748, MN: equally priced homes
- 56646, MN: higher priced homes
- 56644, MN: higher priced homes
- 56750, MN: equally priced homes
- 56716, MN: higher priced homes
- 56671, MN: less expensive homes
- 56722, MN: higher priced homes
- 56670, MN: less expensive homes
Zip Codes with Similar Populations
- 45620, OH: higher priced homes
- 60951, IL: equally priced homes
- 52165, IA: higher priced homes
- 50535, IA: less expensive homes
- 49835, MI: less expensive homes
- 49812, MI: higher priced homes
- 48761, MI: less expensive homes
- 47612, IN: less expensive homes
- 47280, IN: equally priced homes
- 47270, IN: equally priced homes
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