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These days, finding an affordable place to live in the 56761 area can be challenging. Home prices in 56761 are now at a median cost of $140,288, lower than the Minnesota average of $269,934.
The average cost of rent is $930/mo in 56761, primarily driven by the current value of real estate in the 56761 area. While nearly 41.07% of residents own their homes outright in 56761, 3.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56761 is $5,571 per month. Households that rent pay about 16.68% of their income on rent here. 56761's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 56714, MN: equally priced homes
- 56759, MN: less expensive homes
- 56726, MN: less expensive homes
- 56686, MN: higher priced homes
- 56732, MN: less expensive homes
- 56729, MN: less expensive homes
- 56734, MN: less expensive homes
- 56623, MN: higher priced homes
- 56733, MN: less expensive homes
- 56720, MN: less expensive homes
Zip Codes with Similar Populations
- 26342, WV: less expensive homes
- 87742, NM: higher priced homes
- 85934, AZ: higher priced homes
- 85333, AZ: equally priced homes
- 36439, AL: less expensive homes
- 33001, FL: higher priced homes
- 31743, GA: equally priced homes
- 31524, GA: less expensive homes
- 28553, NC: higher priced homes
- 28007, NC: less expensive homes
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