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These days, finding an affordable place to live in the 55117 area can be challenging. Home prices in 55117 are now at a median cost of $213,496, lower than the Minnesota average of $269,934.
The average cost of rent is $1,174/mo in 55117, primarily driven by the current value of real estate in the 55117 area. While nearly 36.58% of residents own their homes outright in 55117, 42.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55117 is $5,384 per month. Households that rent pay about 21.81% of their income on rent here. 55117's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55130, MN: less expensive homes
- 55103, MN: less expensive homes
- 55113, MN: higher priced homes
- 55101, MN: higher priced homes
- 55106, MN: less expensive homes
- 55108, MN: higher priced homes
- 55104, MN: higher priced homes
- 55102, MN: higher priced homes
- 55109, MN: higher priced homes
- 55107, MN: equally priced homes
Zip Codes with Similar Populations
- 29501, SC: less expensive homes
- 23188, VA: higher priced homes
- 27502, NC: higher priced homes
- 27516, NC: higher priced homes
- 27520, NC: equally priced homes
- 27540, NC: higher priced homes
- 27604, NC: equally priced homes
- 27613, NC: higher priced homes
- 28210, NC: higher priced homes
- 28213, NC: less expensive homes
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