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These days, finding an affordable place to live in the 55104 area can be challenging. Home prices in 55104 are now at a median cost of $359,042, higher than the Minnesota average of $345,793.
The average cost of rent is $1,301/mo in 55104, primarily driven by the current value of real estate in the 55104 area. In 55104, 47.03% of households rent, and 30.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55104 is $7,047 per month. Households that rent pay about 18.46% of their income on rent here. 55104’s most expensive areas are in the southwestern 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
- 55105, MN: higher priced homes
- 55103, MN: less expensive homes
- 55108, MN: higher priced homes
- 55102, MN: equally priced homes
- 55114, MN: less expensive homes
- 55116, MN: higher priced homes
- 55406, MN: equally priced homes
- 55101, MN: less expensive homes
- 55117, MN: less expensive homes
- 55455, MN: higher priced homes
Zip Codes with Similar Populations
- 65202, MO: less expensive homes
- 89119, NV: less expensive homes
- 84321, UT: higher priced homes
- 84010, UT: higher priced homes
- 78041, TX: less expensive homes
- 77581, TX: equally priced homes
- 77064, TX: less expensive homes
- 75060, TX: less expensive homes
- 75013, TX: higher priced homes
- 74133, OK: less expensive homes
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