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These days, finding an affordable place to live in the 55150 area can be challenging. Home prices in 55150 are now at a median cost of $417,000, higher than the Minnesota average of $269,934.
The average cost of rent is $1,915/mo in 55150, primarily driven by the current value of real estate in the 55150 area. While nearly 50.10% of residents own their homes outright in 55150, 21.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55150 is $8,758 per month. Households that rent pay about 21.87% of their income on rent here. 55150's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55111, MN: less expensive homes
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- 55105, MN: equally priced homes
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- 55107, MN: less expensive homes
- 55104, MN: less expensive homes
Zip Codes with Similar Populations
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