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These days, finding an affordable place to live in the 55092 area can be challenging. Home prices in 55092 are now at a median cost of $381,790, higher than the Minnesota average of $345,793.
The average cost of rent is $1,420/mo in 55092, primarily driven by the current value of real estate in the 55092 area. In 55092, 10.69% of households rent, and 35.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55092 is $8,736 per month. Households that rent pay about 16.26% of their income on rent here. 55092’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 55025, MN: equally priced homes
- 55079, MN: equally priced homes
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- 55073, MN: higher priced homes
- 55045, MN: equally priced homes
- 55304, MN: higher priced homes
- 55012, MN: equally priced homes
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Zip Codes with Similar Populations
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