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These days, finding an affordable place to live in the 55108 area can be challenging. Home prices in 55108 are now at a median cost of $309,242, higher than the Minnesota average of $269,934.
The average cost of rent is $1,171/mo in 55108, primarily driven by the current value of real estate in the 55108 area. While nearly 39.24% of residents own their homes outright in 55108, 50.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55108 is $6,992 per month. Households that rent pay about 16.75% of their income on rent here. 55108's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55114, MN: less expensive homes
- 55104, MN: less expensive homes
- 55113, MN: equally priced homes
- 55414, MN: equally priced homes
- 55455, MN: equally priced homes
- 55103, MN: less expensive homes
- 55105, MN: higher priced homes
- 55117, MN: less expensive homes
- 55454, MN: less expensive homes
- 55406, MN: less expensive homes
Zip Codes with Similar Populations
- 94505, CA: higher priced homes
- 75418, TX: less expensive homes
- 33154, FL: higher priced homes
- 19530, PA: less expensive homes
- 13669, NY: less expensive homes
- 13057, NY: less expensive homes
- 10960, NY: higher priced homes
- 38019, TN: less expensive homes
- 08609, NJ: less expensive homes
- 06119, CT: equally priced homes
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