Affordable
Expensive
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These days, finding an affordable place to live in the 55047 area can be challenging. Home prices in 55047 are now at a median cost of $469,908, higher than the Minnesota average of $269,934.
The average cost of rent is $1,298/mo in 55047, primarily driven by the current value of real estate in the 55047 area. While nearly 40.80% of residents own their homes outright in 55047, 10.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55047 is $9,043 per month. Households that rent pay about 14.35% of their income on rent here. 55047's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55073, MN: less expensive homes
- 54025, WI: less expensive homes
- 55025, MN: less expensive homes
- 54020, WI: less expensive homes
- 55038, MN: less expensive homes
- 55013, MN: less expensive homes
- 55045, MN: less expensive homes
- 55074, MN: less expensive homes
- 54026, WI: less expensive homes
- 54017, WI: less expensive homes
Zip Codes with Similar Populations
- 82729, WY: less expensive homes
- 29404, SC: less expensive homes
- 30733, GA: less expensive homes
- 47841, IN: less expensive homes
- 48032, MI: less expensive homes
- 55007, MN: less expensive homes
- 60953, IL: less expensive homes
- 78056, TX: less expensive homes
- 79520, TX: less expensive homes
- 48877, MI: less expensive homes
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