Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 55107 area can be challenging. Home prices in 55107 are now at a median cost of $206,202, lower than the Minnesota average of $269,934.
The average cost of rent is $1,172/mo in 55107, primarily driven by the current value of real estate in the 55107 area. While nearly 30.57% of residents own their homes outright in 55107, 46.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55107 is $5,498 per month. Households that rent pay about 21.32% of their income on rent here. 55107's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55101, MN: higher priced homes
- 55118, MN: higher priced homes
- 55102, MN: higher priced homes
- 55103, MN: equally priced homes
- 55130, MN: less expensive homes
- 55075, MN: equally priced homes
- 55106, MN: less expensive homes
- 55105, MN: higher priced homes
- 55104, MN: higher priced homes
- 55119, MN: higher priced homes
Zip Codes with Similar Populations
- 01007, MA: higher priced homes
- 99669, AK: higher priced homes
- 98360, WA: higher priced homes
- 97403, OR: higher priced homes
- 94805, CA: higher priced homes
- 84655, UT: higher priced homes
- 75203, TX: higher priced homes
- 33527, FL: higher priced homes
- 30901, GA: less expensive homes
- 27282, NC: higher priced homes
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