Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 55056 area can be challenging. Home prices in 55056 are now at a median cost of $326,478, lower than the Minnesota average of $345,793.
The average cost of rent is $1,289/mo in 55056, primarily driven by the current value of real estate in the 55056 area. In 55056, 15.07% of households rent, and 30.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55056 is $7,781 per month. Households that rent pay about 16.57% of their income on rent here. 55056’s most expensive areas are in the northeastern 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
- 55032, MN: higher priced homes
- 55079, MN: equally priced homes
- 55012, MN: higher priced homes
- 55069, MN: less expensive homes
- 55008, MN: less expensive homes
- 55029, MN: equally priced homes
- 55040, MN: equally priced homes
- 55080, MN: higher priced homes
- 55084, MN: equally priced homes
- 54006, WI: less expensive homes
Zip Codes with Similar Populations
- 90265, CA: higher priced homes
- 26241, WV: less expensive homes
- 29325, SC: less expensive homes
- 30110, GA: less expensive homes
- 30642, GA: higher priced homes
- 31023, GA: less expensive homes
- 33170, FL: higher priced homes
- 78163, TX: higher priced homes
- 81416, CO: equally priced homes
- 85305, AZ: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood