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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 $447,500, higher than the Minnesota average of $345,793.
The average cost of rent is $2,183/mo in 55150, primarily driven by the current value of real estate in the 55150 area. In 55150, 24.42% of households rent, and 40.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55150 is $9,227 per month. Households that rent pay about 23.66% of their income on rent here. 55150’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 55111, MN: less expensive homes
- 55120, MN: higher priced homes
- 55116, MN: equally priced homes
- 55121, MN: less expensive homes
- 55118, MN: less expensive homes
- 55105, MN: higher priced homes
- 55417, MN: less expensive homes
- 55102, MN: less expensive homes
- 55107, MN: less expensive homes
- 55104, MN: less expensive homes
Zip Codes with Similar Populations
- 12770, NY: less expensive homes
- 01224, MA: less expensive homes
- 13415, NY: less expensive homes
- 13404, NY: less expensive homes
- 13342, NY: less expensive homes
- 13333, NY: less expensive homes
- 13331, NY: less expensive homes
- 13117, NY: less expensive homes
- 99755, AK: less expensive homes
- 99776, AK: less expensive homes
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