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These days, finding an affordable place to live in the 55018 area can be challenging. Home prices in 55018 are now at a median cost of $287,500, higher than the Minnesota average of $269,934.
The average cost of rent is $1,474/mo in 55018, primarily driven by the current value of real estate in the 55018 area. While nearly 35.88% of residents own their homes outright in 55018, 8.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55018 is $7,902 per month. Households that rent pay about 18.65% of their income on rent here. 55018's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 55053, MN: equally priced homes
- 55009, MN: equally priced homes
- 55065, MN: higher priced homes
- 55057, MN: equally priced homes
- 55019, MN: equally priced homes
- 55089, MN: equally priced homes
- 55027, MN: less expensive homes
- 55020, MN: higher priced homes
- 55054, MN: higher priced homes
- 55088, MN: higher priced homes
Zip Codes with Similar Populations
- 89001, NV: less expensive homes
- 21841, MD: equally priced homes
- 21856, MD: equally priced homes
- 22850, VA: less expensive homes
- 24941, WV: less expensive homes
- 25067, WV: less expensive homes
- 25444, WV: less expensive homes
- 82420, WY: less expensive homes
- 84301, UT: equally priced homes
- 84752, UT: less expensive homes
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