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These days, finding an affordable place to live in the 55045 area can be challenging. Home prices in 55045 are now at a median cost of $298,798, higher than the Minnesota average of $269,934.
The average cost of rent is $958/mo in 55045, primarily driven by the current value of real estate in the 55045 area. While nearly 25.41% of residents own their homes outright in 55045, 11.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55045 is $8,387 per month. Households that rent pay about 11.42% of their income on rent here. 55045's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55012, MN: equally priced homes
- 55013, MN: equally priced homes
- 55074, MN: less expensive homes
- 55073, MN: higher priced homes
- 55084, MN: less expensive homes
- 55079, MN: less expensive homes
- 54020, WI: less expensive homes
- 55025, MN: equally priced homes
- 54024, WI: less expensive homes
- 55092, MN: equally priced homes
Zip Codes with Similar Populations
- 35044, AL: less expensive homes
- 78266, TX: higher priced homes
- 75765, TX: less expensive homes
- 75207, TX: less expensive homes
- 70584, LA: less expensive homes
- 41008, KY: less expensive homes
- 39652, MS: less expensive homes
- 38544, TN: less expensive homes
- 38059, TN: less expensive homes
- 36375, AL: less expensive homes
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