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These days, finding an affordable place to live in the 55125 area can be challenging. Home prices in 55125 are now at a median cost of $405,177, higher than the Minnesota average of $345,793.
The average cost of rent is $1,931/mo in 55125, primarily driven by the current value of real estate in the 55125 area. In 55125, 23.21% of households rent, and 28.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55125 is $10,805 per month. Households that rent pay about 17.87% of their income on rent here. 55125’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 55129, MN: higher priced homes
- 55055, MN: equally priced homes
- 55119, MN: less expensive homes
- 55128, MN: less expensive homes
- 55075, MN: less expensive homes
- 55042, MN: higher priced homes
- 55016, MN: equally priced homes
- 55071, MN: less expensive homes
- 55106, MN: less expensive homes
- 55001, MN: higher priced homes
Zip Codes with Similar Populations
- 87031, NM: less expensive homes
- 80127, CO: higher priced homes
- 84118, UT: equally priced homes
- 84770, UT: higher priced homes
- 85017, AZ: less expensive homes
- 85042, AZ: equally priced homes
- 85140, AZ: higher priced homes
- 85254, AZ: higher priced homes
- 85255, AZ: higher priced homes
- 85283, AZ: equally priced homes
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