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These days, finding an affordable place to live in the 55019 area can be challenging. Home prices in 55019 are now at a median cost of $367,087, higher than the Minnesota average of $345,793.
The average cost of rent is $1,832/mo in 55019, primarily driven by the current value of real estate in the 55019 area. In 55019, 2.34% of households rent, and 31.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55019 is $9,815 per month. Households that rent pay about 18.67% of their income on rent here. 55019’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 55057, MN: equally priced homes
- 55053, MN: equally priced homes
- 55018, MN: higher priced homes
- 55046, MN: equally priced homes
- 55088, MN: higher priced homes
- 55020, MN: higher priced homes
- 55065, MN: higher priced homes
- 55054, MN: higher priced homes
- 55009, MN: equally priced homes
- 56069, MN: less expensive homes
Zip Codes with Similar Populations
- 89439, NV: higher priced homes
- 38580, TN: less expensive homes
- 38940, MS: less expensive homes
- 39176, MS: less expensive homes
- 39870, GA: less expensive homes
- 40119, KY: less expensive homes
- 99181, WA: less expensive homes
- 46951, IN: less expensive homes
- 98253, WA: higher priced homes
- 97846, OR: higher priced homes
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