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These days, finding an affordable place to live in the 55049 area can be challenging. Home prices in 55049 are now at a median cost of $198,499, lower than the Minnesota average of $269,934.
The average cost of rent is $845/mo in 55049, primarily driven by the current value of real estate in the 55049 area. While nearly 35.05% of residents own their homes outright in 55049, 15.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55049 is $6,680 per month. Households that rent pay about 12.65% of their income on rent here. 55049's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 55060, MN: equally priced homes
- 55021, MN: equally priced homes
- 55087, MN: higher priced homes
- 55052, MN: higher priced homes
- 56093, MN: less expensive homes
- 55924, MN: less expensive homes
- 55946, MN: equally priced homes
- 56096, MN: higher priced homes
- 55985, MN: equally priced homes
- 55927, MN: less expensive homes
Zip Codes with Similar Populations
- 54629, WI: less expensive homes
- 28020, NC: less expensive homes
- 28571, NC: higher priced homes
- 30332, GA: higher priced homes
- 31075, GA: less expensive homes
- 31749, GA: less expensive homes
- 32059, FL: less expensive homes
- 35973, AL: less expensive homes
- 39160, MS: less expensive homes
- 53502, WI: equally priced homes
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