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These days, finding an affordable place to live in the 55046 area can be challenging. Home prices in 55046 are now at a median cost of $373,038, higher than the Minnesota average of $345,793.
The average cost of rent is $887/mo in 55046, primarily driven by the current value of real estate in the 55046 area. In 55046, 8.23% of households rent, and 30.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55046 is $8,355 per month. Households that rent pay about 10.62% of their income on rent here. 55046’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
- 55088, MN: higher priced homes
- 55020, MN: higher priced homes
- 55054, MN: higher priced homes
- 56069, MN: less expensive homes
- 56071, MN: higher priced homes
- 55019, MN: equally priced homes
- 56052, MN: equally priced homes
- 55057, MN: equally priced homes
- 56057, MN: less expensive homes
- 55053, MN: equally priced homes
Zip Codes with Similar Populations
- 25213, WV: less expensive homes
- 31811, GA: less expensive homes
- 27850, NC: less expensive homes
- 27349, NC: less expensive homes
- 27325, NC: less expensive homes
- 27043, NC: less expensive homes
- 27020, NC: less expensive homes
- 26836, WV: less expensive homes
- 26757, WV: less expensive homes
- 26187, WV: less expensive homes
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