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These days, finding an affordable place to live in the 55088 area can be challenging. Home prices in 55088 are now at a median cost of $382,991, higher than the Minnesota average of $269,934.
The average cost of rent is $1,341/mo in 55088, primarily driven by the current value of real estate in the 55088 area. While nearly 29.58% of residents own their homes outright in 55088, 4.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55088 is $10,002 per month. Households that rent pay about 13.41% of their income on rent here. 55088's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55020, MN: equally priced homes
- 55054, MN: less expensive homes
- 55046, MN: less expensive homes
- 56071, MN: less expensive homes
- 56069, MN: less expensive homes
- 55019, MN: less expensive homes
- 55044, MN: equally priced homes
- 55057, MN: less expensive homes
- 55024, MN: less expensive homes
- 55352, MN: less expensive homes
Zip Codes with Similar Populations
- 75668, TX: less expensive homes
- 36767, AL: less expensive homes
- 41557, KY: less expensive homes
- 46974, IN: less expensive homes
- 46991, IN: less expensive homes
- 49029, MI: less expensive homes
- 49645, MI: less expensive homes
- 50830, IA: less expensive homes
- 53926, WI: less expensive homes
- 56446, MN: less expensive homes
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