Affordable
Expensive
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These days, finding an affordable place to live in the 55001 area can be challenging. Home prices in 55001 are now at a median cost of $559,758, higher than the Minnesota average of $269,934.
The average cost of rent is $1,411/mo in 55001, primarily driven by the current value of real estate in the 55001 area. While nearly 41.85% of residents own their homes outright in 55001, 4.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55001 is $10,268 per month. Households that rent pay about 13.74% of their income on rent here. 55001's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55043, MN: less expensive homes
- 55129, MN: less expensive homes
- 55125, MN: less expensive homes
- 54016, WI: less expensive homes
- 55042, MN: less expensive homes
- 55016, MN: less expensive homes
- 55003, MN: less expensive homes
- 55128, MN: less expensive homes
- 55055, MN: less expensive homes
- 55071, MN: less expensive homes
Zip Codes with Similar Populations
- 40516, KY: less expensive homes
- 08804, NJ: less expensive homes
- 95663, CA: higher priced homes
- 85708, AZ: less expensive homes
- 72662, AR: less expensive homes
- 71957, AR: less expensive homes
- 64644, MO: less expensive homes
- 58540, ND: less expensive homes
- 52328, IA: less expensive homes
- 52052, IA: less expensive homes
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