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These days, finding an affordable place to live in the 55007 area can be challenging. Home prices in 55007 are now at a median cost of $178,323, lower than the Minnesota average of $269,934.
The average cost of rent is $1,076/mo in 55007, primarily driven by the current value of real estate in the 55007 area. While nearly 41.14% of residents own their homes outright in 55007, 7.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55007 is $4,916 per month. Households that rent pay about 21.89% of their income on rent here. 55007's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55036, MN: equally priced homes
- 55030, MN: higher priced homes
- 55051, MN: equally priced homes
- 55063, MN: higher priced homes
- 55037, MN: equally priced homes
- 56358, MN: higher priced homes
- 56359, MN: equally priced homes
- 56338, MN: higher priced homes
- 54893, WI: equally priced homes
- 54830, WI: higher priced homes
Zip Codes with Similar Populations
- 01537, MA: higher priced homes
- 36032, AL: less expensive homes
- 36453, AL: less expensive homes
- 37345, TN: less expensive homes
- 40486, KY: less expensive homes
- 42048, KY: less expensive homes
- 43944, OH: less expensive homes
- 44849, OH: less expensive homes
- 45101, OH: less expensive homes
- 46743, IN: equally priced homes
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