
Expensive
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These days, finding an affordable place to live in the 55111 area can be challenging. Home prices in 55111 are now at a median cost of $309,200, higher than the Minnesota average of $269,934.
The average cost of rent is $534/mo in 55111, primarily driven by the current value of real estate in the 55111 area. While nearly 29.56% of residents own their homes outright in 55111, 36.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55111 is $1,752 per month. Households that rent pay about 30.49% of their income on rent here. 55111's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 55116, MN: higher priced homes
- 55150, MN: higher priced homes
- 55417, MN: equally priced homes
- 55105, MN: higher priced homes
- 55406, MN: less expensive homes
- 55120, MN: higher priced homes
- 55121, MN: equally priced homes
- 55425, MN: less expensive homes
- 55407, MN: less expensive homes
- 55423, MN: less expensive homes
Zip Codes with Similar Populations
- 97634, OR: less expensive homes
- 13488, NY: less expensive homes
- 13639, NY: less expensive homes
- 13826, NY: less expensive homes
- 13834, NY: less expensive homes
- 14134, NY: less expensive homes
- 14707, NY: less expensive homes
- 15734, PA: less expensive homes
- 16217, PA: less expensive homes
- 16416, PA: less expensive homes
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