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These days, finding an affordable place to live in the 55072 area can be challenging. Home prices in 55072 are now at a median cost of $196,836, lower than the Minnesota average of $345,793.
The average cost of rent is $952/mo in 55072, primarily driven by the current value of real estate in the 55072 area. In 55072, 27.14% of households rent, and 36.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55072 is $5,105 per month. Households that rent pay about 18.65% of their income on rent here. 55072’s most expensive areas are in the southwestern 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
- 55704, MN: higher priced homes
- 55037, MN: higher priced homes
- 55735, MN: higher priced homes
- 55712, MN: higher priced homes
- 56350, MN: higher priced homes
- 54830, WI: higher priced homes
- 56342, MN: higher priced homes
- 56386, MN: higher priced homes
- 56359, MN: higher priced homes
- 54859, WI: higher priced homes
Zip Codes with Similar Populations
- 55975, MN: higher priced homes
- 48651, MI: less expensive homes
- 49076, MI: equally priced homes
- 49283, MI: higher priced homes
- 49336, MI: less expensive homes
- 49682, MI: higher priced homes
- 52213, IA: higher priced homes
- 53039, WI: higher priced homes
- 53934, WI: less expensive homes
- 54023, WI: higher priced homes
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