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These days, finding an affordable place to live in the 55027 area can be challenging. Home prices in 55027 are now at a median cost of $256,629, lower than the Minnesota average of $269,934.
The average cost of rent is $942/mo in 55027, primarily driven by the current value of real estate in the 55027 area. While nearly 38.78% of residents own their homes outright in 55027, 13.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55027 is $7,514 per month. Households that rent pay about 12.54% of their income on rent here. 55027's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 55066, MN: less expensive homes
- 55089, MN: higher priced homes
- 55009, MN: higher priced homes
- 55026, MN: higher priced homes
- 55041, MN: equally priced homes
- 55018, MN: higher priced homes
- 54769, WI: equally priced homes
- 55065, MN: higher priced homes
- 55053, MN: higher priced homes
- 54759, WI: less expensive homes
Zip Codes with Similar Populations
- 43943, OH: less expensive homes
- 72443, AR: less expensive homes
- 75416, TX: less expensive homes
- 76638, TX: equally priced homes
- 54984, WI: less expensive homes
- 79373, TX: less expensive homes
- 84631, UT: less expensive homes
- 96755, HI: higher priced homes
- 98612, WA: less expensive homes
- 49072, MI: less expensive homes
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