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Affordable
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These days, finding an affordable place to live in the 55119 area can be challenging. Home prices in 55119 are now at a median cost of $286,328, lower than the Minnesota average of $345,793.
The average cost of rent is $1,491/mo in 55119, primarily driven by the current value of real estate in the 55119 area. In 55119, 34.64% of households rent, and 35.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55119 is $8,061 per month. Households that rent pay about 18.50% of their income on rent here. 55119’s most expensive areas are in the southeastern 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
- 55106, MN: less expensive homes
- 55128, MN: equally priced homes
- 55130, MN: less expensive homes
- 55101, MN: equally priced homes
- 55125, MN: higher priced homes
- 55109, MN: higher priced homes
- 55107, MN: equally priced homes
- 55075, MN: equally priced homes
- 55117, MN: equally priced homes
- 55103, MN: less expensive homes
Zip Codes with Similar Populations
- 95765, CA: higher priced homes
- 39401, MS: less expensive homes
- 39564, MS: equally priced homes
- 39759, MS: equally priced homes
- 40216, KY: less expensive homes
- 40299, KY: higher priced homes
- 43017, OH: higher priced homes
- 43224, OH: less expensive homes
- 43551, OH: equally priced homes
- 95831, CA: higher priced homes
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