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These days, finding an affordable place to live in the 55087 area can be challenging. Home prices in 55087 are now at a median cost of $312,205, higher than the Minnesota average of $269,934.
The average cost of rent is $1,469/mo in 55087, primarily driven by the current value of real estate in the 55087 area. While nearly 44.28% of residents own their homes outright in 55087, 7.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55087 is $7,501 per month. Households that rent pay about 19.58% of their income on rent here. 55087's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55052, MN: less expensive homes
- 55021, MN: less expensive homes
- 55049, MN: less expensive homes
- 56052, MN: equally priced homes
- 56096, MN: less expensive homes
- 56028, MN: equally priced homes
- 55053, MN: less expensive homes
- 56048, MN: less expensive homes
- 56057, MN: less expensive homes
- 55946, MN: less expensive homes
Zip Codes with Similar Populations
- 72061, AR: less expensive homes
- 58725, ND: less expensive homes
- 58727, ND: less expensive homes
- 58768, ND: less expensive homes
- 59053, MT: less expensive homes
- 59761, MT: equally priced homes
- 59827, MT: higher priced homes
- 59856, MT: higher priced homes
- 61013, IL: less expensive homes
- 69333, NE: less expensive homes
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