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These days, finding an affordable place to live in the 55063 area can be challenging. Home prices in 55063 are now at a median cost of $197,357, lower than the Minnesota average of $269,934.
The average cost of rent is $857/mo in 55063, primarily driven by the current value of real estate in the 55063 area. While nearly 40.37% of residents own their homes outright in 55063, 17.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55063 is $5,311 per month. Households that rent pay about 16.14% of their income on rent here. 55063's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55030, MN: equally priced homes
- 55036, MN: equally priced homes
- 55007, MN: less expensive homes
- 55006, MN: equally priced homes
- 54840, WI: less expensive homes
- 55051, MN: less expensive homes
- 56358, MN: equally priced homes
- 54872, WI: less expensive homes
- 56313, MN: equally priced homes
- 54893, WI: equally priced homes
Zip Codes with Similar Populations
- 10706, NY: higher priced homes
- 15717, PA: less expensive homes
- 15632, PA: higher priced homes
- 15024, PA: higher priced homes
- 14059, NY: higher priced homes
- 13642, NY: less expensive homes
- 13350, NY: less expensive homes
- 13214, NY: less expensive homes
- 12803, NY: equally priced homes
- 12571, NY: higher priced homes
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