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These days, finding an affordable place to live in the 55079 area can be challenging. Home prices in 55079 are now at a median cost of $251,142, lower than the Minnesota average of $269,934.
The average cost of rent is $1,284/mo in 55079, primarily driven by the current value of real estate in the 55079 area. While nearly 28.74% of residents own their homes outright in 55079, 3.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55079 is $8,099 per month. Households that rent pay about 15.85% of their income on rent here. 55079's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 55092, MN: higher priced homes
- 55013, MN: higher priced homes
- 55056, MN: equally priced homes
- 55045, MN: higher priced homes
- 55005, MN: equally priced homes
- 55012, MN: higher priced homes
- 55011, MN: higher priced homes
- 55040, MN: equally priced homes
- 55032, MN: equally priced homes
- 55074, MN: equally priced homes
Zip Codes with Similar Populations
- 99567, AK: higher priced homes
- 94931, CA: higher priced homes
- 95726, CA: higher priced homes
- 96771, HI: less expensive homes
- 96790, HI: higher priced homes
- 98841, WA: less expensive homes
- 99001, WA: less expensive homes
- 11558, NY: higher priced homes
- 08810, NJ: higher priced homes
- 08406, NJ: higher priced homes
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