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These days, finding an affordable place to live in the 55120 area can be challenging. Home prices in 55120 are now at a median cost of $440,062, higher than the Minnesota average of $269,934.
The average cost of rent is $856/mo in 55120, primarily driven by the current value of real estate in the 55120 area. While nearly 26.44% of residents own their homes outright in 55120, 26.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55120 is $9,112 per month. Households that rent pay about 9.40% of their income on rent here. 55120's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 55150, MN: equally priced homes
- 55118, MN: less expensive homes
- 55121, MN: less expensive homes
- 55077, MN: higher priced homes
- 55116, MN: less expensive homes
- 55111, MN: less expensive homes
- 55075, MN: less expensive homes
- 55107, MN: less expensive homes
- 55123, MN: less expensive homes
- 55102, MN: less expensive homes
Zip Codes with Similar Populations
- 18419, PA: less expensive homes
- 23974, VA: less expensive homes
- 23030, VA: less expensive homes
- 23015, VA: less expensive homes
- 22642, VA: less expensive homes
- 21817, MD: less expensive homes
- 21710, MD: equally priced homes
- 20106, VA: equally priced homes
- 19539, PA: less expensive homes
- 19504, PA: less expensive homes
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