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These days, finding an affordable place to live in the 55068 area can be challenging. Home prices in 55068 are now at a median cost of $428,171, higher than the Minnesota average of $345,793.
The average cost of rent is $1,664/mo in 55068, primarily driven by the current value of real estate in the 55068 area. In 55068, 12.95% of households rent, and 29.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55068 is $11,755 per month. Households that rent pay about 14.16% of their income on rent here. 55068’s most expensive areas are in the northwestern 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
- 55124, MN: less expensive homes
- 55024, MN: equally priced homes
- 55123, MN: equally priced homes
- 55122, MN: less expensive homes
- 55044, MN: higher priced homes
- 55337, MN: less expensive homes
- 55121, MN: less expensive homes
- 55306, MN: less expensive homes
- 55077, MN: higher priced homes
- 55076, MN: less expensive homes
Zip Codes with Similar Populations
- 01876, MA: higher priced homes
- 98272, WA: higher priced homes
- 93940, CA: higher priced homes
- 91607, CA: higher priced homes
- 91604, CA: higher priced homes
- 80817, CO: equally priced homes
- 79706, TX: less expensive homes
- 76401, TX: less expensive homes
- 76182, TX: equally priced homes
- 73112, OK: less expensive homes
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