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These days, finding an affordable place to live in the 55024 area can be challenging. Home prices in 55024 are now at a median cost of $296,417, higher than the Minnesota average of $269,934.
The average cost of rent is $1,411/mo in 55024, primarily driven by the current value of real estate in the 55024 area. While nearly 20.28% of residents own their homes outright in 55024, 11.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55024 is $9,158 per month. Households that rent pay about 15.40% of their income on rent here. 55024's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55044, MN: higher priced homes
- 55068, MN: equally priced homes
- 55124, MN: equally priced homes
- 55306, MN: equally priced homes
- 55337, MN: equally priced homes
- 55085, MN: equally priced homes
- 55031, MN: higher priced homes
- 55378, MN: higher priced homes
- 55020, MN: higher priced homes
- 55054, MN: higher priced homes
Zip Codes with Similar Populations
- 32506, FL: less expensive homes
- 31904, GA: less expensive homes
- 19128, PA: less expensive homes
- 30265, GA: less expensive homes
- 29349, SC: less expensive homes
- 66048, KS: less expensive homes
- 33435, FL: equally priced homes
- 37160, TN: less expensive homes
- 37601, TN: less expensive homes
- 48178, MI: equally priced homes
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