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56003 rent trends

Rental prices in 56003 have increased by 9.12% over the past year. The average rent moved from $1,083 to $1,182.

Average rent in 56003

$1,182/mo 56003 average rental price, March 2026
Image Average Rent

    What's the typical rent budget in 56003?

    The largest share of rentals in 56003 (84%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 56003, MN

    26 /100
    Somewhat Bikeable
    Bike Score®: 26

    Frequently asked questions

    What type of rental buildings are in 56003?

    In 56003, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of 56003's rentals, 66% are small-scale complexes with under 50 units, and 23% are single-family rentals.

    56003 demographics

    • 15,258Total Population
    • 7,835 Female
      7,423 Male
    • 38.8Median Age

    56003 households

    • 3,993 Family
      2,356 Non-family
    • 2,106 Children
      4,243 No Children
    • 6,349Total Number of Households
    • 2.38Average People Per Household
    • $82,538Median Household Income

    56003 education statistics