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These days, finding an affordable place to live in the 55075 area can be challenging. Home prices in 55075 are now at a median cost of $219,364, lower than the Minnesota average of $269,934.
The average cost of rent is $1,060/mo in 55075, primarily driven by the current value of real estate in the 55075 area. While nearly 30.58% of residents own their homes outright in 55075, 27.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55075 is $6,444 per month. Households that rent pay about 16.44% of their income on rent here. 55075's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 55055, MN: higher priced homes
- 55118, MN: higher priced homes
- 55076, MN: higher priced homes
- 55107, MN: equally priced homes
- 55077, MN: higher priced homes
- 55120, MN: higher priced homes
- 55101, MN: equally priced homes
- 55071, MN: higher priced homes
- 55102, MN: higher priced homes
- 55119, MN: equally priced homes
Zip Codes with Similar Populations
- 53172, WI: less expensive homes
- 94706, CA: higher priced homes
- 14051, NY: higher priced homes
- 14218, NY: less expensive homes
- 27617, NC: higher priced homes
- 87102, NM: less expensive homes
- 43215, OH: higher priced homes
- 44131, OH: equally priced homes
- 60194, IL: higher priced homes
- 61920, IL: less expensive homes
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