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These days, finding an affordable place to live in the 56754 area can be challenging. Home prices in 56754 are now at a median cost of $214,500, lower than the Minnesota average of $269,934.
The average cost of rent is $919/mo in 56754, primarily driven by the current value of real estate in the 56754 area. While nearly 44.24% of residents own their homes outright in 56754, 6.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56754 is $8,169 per month. Households that rent pay about 11.25% of their income on rent here. 56754's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 56701, MN: less expensive homes
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- 56721, MN: equally priced homes
- 56710, MN: less expensive homes
- 58203, ND: less expensive homes
- 58202, ND: equally priced homes
- 56744, MN: less expensive homes
Zip Codes with Similar Populations
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- 45734, OH: less expensive homes
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