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These days, finding an affordable place to live in the 55021 area can be challenging. Home prices in 55021 are now at a median cost of $211,144, lower than the Minnesota average of $269,934.
The average cost of rent is $1,004/mo in 55021, primarily driven by the current value of real estate in the 55021 area. While nearly 38.97% of residents own their homes outright in 55021, 28.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55021 is $5,834 per month. Households that rent pay about 17.20% of their income on rent here. 55021's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55087, MN: higher priced homes
- 55049, MN: equally priced homes
- 55052, MN: higher priced homes
- 55053, MN: higher priced homes
- 56052, MN: higher priced homes
- 55946, MN: equally priced homes
- 56096, MN: equally priced homes
- 56028, MN: higher priced homes
- 55985, MN: equally priced homes
- 56057, MN: equally priced homes
Zip Codes with Similar Populations
- 97471, OR: higher priced homes
- 35173, AL: higher priced homes
- 21403, MD: higher priced homes
- 49464, MI: higher priced homes
- 93101, CA: higher priced homes
- 00719, PR: less expensive homes
- 52761, IA: less expensive homes
- 53217, WI: higher priced homes
- 97321, OR: higher priced homes
- 59801, MT: higher priced homes
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