56062 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 56062 is about $667 per month. This puts it in the 17th percentile compared to the state average cost of rent, which is $1,169. Households in 56062 have a median income of $5,685 per month so the average renter in 56062 is spending roughly 12% of their earnings on housing.
Nationally, and in 56062, home values are the data point most closely correlated with the cost of rent. The median price of a home in 56062 is $135,075 right now, which is lower than nearby zip codes, meaning that rents in 56062 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the southeastern parts of 56062 while lower rent rates are often available in western areas.
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