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These days, finding an affordable place to live in the 55030 area can be challenging. Home prices in 55030 are now at a median cost of $226,263, lower than the Minnesota average of $345,793.
The average cost of rent is $1,616/mo in 55030, primarily driven by the current value of real estate in the 55030 area. In 55030, 15.45% of households rent, and 48.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55030 is $6,077 per month. Households that rent pay about 26.59% of their income on rent here. 55030’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 55036, MN: less expensive homes
- 55006, MN: equally priced homes
- 55063, MN: higher priced homes
- 55007, MN: equally priced homes
- 55051, MN: equally priced homes
- 56358, MN: higher priced homes
- 56313, MN: higher priced homes
- 54840, WI: less expensive homes
- 56353, MN: higher priced homes
- 56330, MN: higher priced homes
Zip Codes with Similar Populations
- 56728, MN: less expensive homes
- 72651, AR: less expensive homes
- 70658, LA: less expensive homes
- 70397, LA: equally priced homes
- 66835, KS: less expensive homes
- 66546, KS: equally priced homes
- 64097, MO: equally priced homes
- 62972, IL: less expensive homes
- 62048, IL: less expensive homes
- 57437, SD: less expensive homes
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