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These days, finding an affordable place to live in the 55080 area can be challenging. Home prices in 55080 are now at a median cost of $272,231, higher than the Minnesota average of $269,934.
The average cost of rent is $1,332/mo in 55080, primarily driven by the current value of real estate in the 55080 area. While nearly 34.11% of residents own their homes outright in 55080, 7.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55080 is $7,146 per month. Households that rent pay about 18.64% of their income on rent here. 55080's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 55029, MN: less expensive homes
- 55006, MN: less expensive homes
- 55008, MN: less expensive homes
- 55032, MN: equally priced homes
- 55069, MN: less expensive homes
- 55017, MN: less expensive homes
- 55056, MN: equally priced homes
- 56313, MN: less expensive homes
- 55371, MN: less expensive homes
- 56363, MN: less expensive homes
Zip Codes with Similar Populations
- 12514, NY: higher priced homes
- 87825, NM: less expensive homes
- 80440, CO: higher priced homes
- 78631, TX: higher priced homes
- 72554, AR: less expensive homes
- 70067, LA: less expensive homes
- 67467, KS: less expensive homes
- 67013, KS: less expensive homes
- 54101, WI: less expensive homes
- 48659, MI: less expensive homes
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