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Expensive
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These days, finding an affordable place to live in the 55123 area can be challenging. Home prices in 55123 are now at a median cost of $367,059, higher than the Minnesota average of $269,934.
The average cost of rent is $1,776/mo in 55123, primarily driven by the current value of real estate in the 55123 area. While nearly 26.55% of residents own their homes outright in 55123, 15.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55123 is $11,684 per month. Households that rent pay about 15.20% of their income on rent here. 55123's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 55121, MN: less expensive homes
- 55122, MN: less expensive homes
- 55077, MN: higher priced homes
- 55120, MN: higher priced homes
- 55068, MN: less expensive homes
- 55076, MN: less expensive homes
- 55150, MN: higher priced homes
- 55124, MN: less expensive homes
- 55425, MN: less expensive homes
- 55111, MN: less expensive homes
Zip Codes with Similar Populations
- 06109, CT: less expensive homes
- 76208, TX: less expensive homes
- 78332, TX: less expensive homes
- 78621, TX: less expensive homes
- 49006, MI: less expensive homes
- 91741, CA: higher priced homes
- 92532, CA: higher priced homes
- 44515, OH: less expensive homes
- 40503, KY: less expensive homes
- 34747, FL: less expensive homes
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