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These days, finding an affordable place to live in the 55065 area can be challenging. Home prices in 55065 are now at a median cost of $458,560, higher than the Minnesota average of $345,793.
The average cost of rent is $1,401/mo in 55065, primarily driven by the current value of real estate in the 55065 area. In 55065, 8.10% of households rent, and 31.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55065 is $9,755 per month. Households that rent pay about 14.36% of their income on rent here. 55065’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 55031, MN: less expensive homes
- 55009, MN: less expensive homes
- 55018, MN: less expensive homes
- 55057, MN: less expensive homes
- 55085, MN: less expensive homes
- 55024, MN: less expensive homes
- 55019, MN: less expensive homes
- 55044, MN: higher priced homes
- 55089, MN: less expensive homes
- 55020, MN: equally priced homes
Zip Codes with Similar Populations
- 98587, WA: less expensive homes
- 31409, GA: less expensive homes
- 97633, OR: less expensive homes
- 14102, NY: less expensive homes
- 14037, NY: less expensive homes
- 12934, NY: less expensive homes
- 06409, CT: equally priced homes
- 05038, VT: less expensive homes
- 04942, ME: less expensive homes
- 04488, ME: less expensive homes
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