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These days, finding an affordable place to live in the 55121 area can be challenging. Home prices in 55121 are now at a median cost of $288,379, higher than the Minnesota average of $269,934.
The average cost of rent is $1,457/mo in 55121, primarily driven by the current value of real estate in the 55121 area. While nearly 37.41% of residents own their homes outright in 55121, 51.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55121 is $6,620 per month. Households that rent pay about 22.02% of their income on rent here. 55121's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55123, MN: higher priced homes
- 55120, MN: higher priced homes
- 55150, MN: higher priced homes
- 55122, MN: equally priced homes
- 55111, MN: equally priced homes
- 55077, MN: higher priced homes
- 55425, MN: less expensive homes
- 55116, MN: higher priced homes
- 55118, MN: equally priced homes
- 55420, MN: less expensive homes
Zip Codes with Similar Populations
- 01151, MA: less expensive homes
- 98629, WA: higher priced homes
- 95946, CA: higher priced homes
- 95033, CA: higher priced homes
- 93286, CA: less expensive homes
- 89451, NV: higher priced homes
- 85054, AZ: equally priced homes
- 78236, TX: less expensive homes
- 78112, TX: less expensive homes
- 78073, TX: less expensive homes
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