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These days, finding an affordable place to live in the 55089 area can be challenging. Home prices in 55089 are now at a median cost of $285,757, higher than the Minnesota average of $269,934.
The average cost of rent is $1,049/mo in 55089, primarily driven by the current value of real estate in the 55089 area. While nearly 42.58% of residents own their homes outright in 55089, 15.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55089 is $7,096 per month. Households that rent pay about 14.78% of their income on rent here. 55089's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 54014, WI: less expensive homes
- 55066, MN: less expensive homes
- 55009, MN: equally priced homes
- 55031, MN: higher priced homes
- 54723, WI: less expensive homes
- 55085, MN: higher priced homes
- 55027, MN: less expensive homes
- 55065, MN: higher priced homes
- 55018, MN: equally priced homes
- 55026, MN: equally priced homes
Zip Codes with Similar Populations
- 47273, IN: less expensive homes
- 55936, MN: less expensive homes
- 55031, MN: higher priced homes
- 54930, WI: less expensive homes
- 49653, MI: higher priced homes
- 47963, IN: less expensive homes
- 47946, IN: less expensive homes
- 02898, RI: higher priced homes
- 47513, IN: less expensive homes
- 57226, SD: less expensive homes
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