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These days, finding an affordable place to live in the 56756 area can be challenging. Home prices in 56756 are now at a median cost of $188,306, lower than the Minnesota average of $345,793.
The average cost of rent is $955/mo in 56756, primarily driven by the current value of real estate in the 56756 area. In 56756, 11.03% of households rent, and 54.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56756 is $7,178 per month. Households that rent pay about 13.30% of their income on rent here. 56756’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 56763, MN: equally priced homes
- 56751, MN: equally priced homes
- 56673, MN: equally priced homes
- 56714, MN: equally priced homes
- 56686, MN: higher priced homes
- 56726, MN: less expensive homes
- 56623, MN: higher priced homes
- 56734, MN: less expensive homes
- 56735, MN: less expensive homes
- 56728, MN: less expensive homes
Zip Codes with Similar Populations
- 56151, MN: equally priced homes
- 74562, OK: less expensive homes
- 73843, OK: less expensive homes
- 72628, AR: less expensive homes
- 63735, MO: less expensive homes
- 61430, IL: less expensive homes
- 61414, IL: less expensive homes
- 57656, SD: less expensive homes
- 57543, SD: less expensive homes
- 56386, MN: higher priced homes
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