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These days, finding an affordable place to live in the 55130 area can be challenging. Home prices in 55130 are now at a median cost of $228,627, lower than the Minnesota average of $345,793.
The average cost of rent is $1,239/mo in 55130, primarily driven by the current value of real estate in the 55130 area. In 55130, 53.24% of households rent, and 37.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55130 is $5,206 per month. Households that rent pay about 23.80% of their income on rent here. 55130’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern 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
- 55117, MN: higher priced homes
- 55106, MN: equally priced homes
- 55101, MN: higher priced homes
- 55103, MN: higher priced homes
- 55102, MN: higher priced homes
- 55107, MN: higher priced homes
- 55119, MN: higher priced homes
- 55104, MN: higher priced homes
- 55109, MN: higher priced homes
- 55113, MN: higher priced homes
Zip Codes with Similar Populations
- 04038, ME: higher priced homes
- 04102, ME: higher priced homes
- 07461, NJ: higher priced homes
- 10580, NY: higher priced homes
- 10805, NY: higher priced homes
- 11754, NY: higher priced homes
- 12831, NY: higher priced homes
- 17512, PA: equally priced homes
- 19465, PA: higher priced homes
- 83204, ID: higher priced homes
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