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These days, finding an affordable place to live in the 55037 area can be challenging. Home prices in 55037 are now at a median cost of $167,751, lower than the Minnesota average of $269,934.
The average cost of rent is $803/mo in 55037, primarily driven by the current value of real estate in the 55037 area. While nearly 43.59% of residents own their homes outright in 55037, 15.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55037 is $4,875 per month. Households that rent pay about 16.46% of their income on rent here. 55037's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55072, MN: less expensive homes
- 55007, MN: equally priced homes
- 55704, MN: equally priced homes
- 56342, MN: higher priced homes
- 54830, WI: higher priced homes
- 56386, MN: higher priced homes
- 56359, MN: equally priced homes
- 56338, MN: higher priced homes
- 54888, WI: higher priced homes
- 54859, WI: equally priced homes
Zip Codes with Similar Populations
- 60551, IL: higher priced homes
- 37150, TN: less expensive homes
- 37307, TN: less expensive homes
- 38868, MS: less expensive homes
- 43731, OH: less expensive homes
- 43845, OH: less expensive homes
- 43947, OH: equally priced homes
- 46721, IN: less expensive homes
- 52776, IA: equally priced homes
- 59634, MT: higher priced homes
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