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These days, finding an affordable place to live in the 55057 area can be challenging. Home prices in 55057 are now at a median cost of $282,575, higher than the Minnesota average of $269,934.
The average cost of rent is $975/mo in 55057, primarily driven by the current value of real estate in the 55057 area. While nearly 37.04% of residents own their homes outright in 55057, 22.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55057 is $6,881 per month. Households that rent pay about 14.17% of their income on rent here. 55057's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55019, MN: equally priced homes
- 55018, MN: equally priced homes
- 55053, MN: equally priced homes
- 55065, MN: higher priced homes
- 55020, MN: higher priced homes
- 55088, MN: higher priced homes
- 55054, MN: higher priced homes
- 55046, MN: equally priced homes
- 55009, MN: equally priced homes
- 56069, MN: less expensive homes
Zip Codes with Similar Populations
- 75766, TX: less expensive homes
- 02143, MA: higher priced homes
- 55902, MN: higher priced homes
- 57006, SD: less expensive homes
- 60448, IL: higher priced homes
- 61822, IL: less expensive homes
- 66216, KS: equally priced homes
- 70448, LA: equally priced homes
- 74701, OK: less expensive homes
- 75253, TX: less expensive homes
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