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These days, finding an affordable place to live in the 55303 area can be challenging. Home prices in 55303 are now at a median cost of $354,641, higher than the Minnesota average of $345,793.
The average cost of rent is $1,569/mo in 55303, primarily driven by the current value of real estate in the 55303 area. In 55303, 24.35% of households rent, and 27.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55303 is $8,887 per month. Households that rent pay about 17.66% of their income on rent here. 55303’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 55327, MN: higher priced homes
- 55316, MN: equally priced homes
- 55304, MN: higher priced homes
- 55433, MN: less expensive homes
- 55448, MN: less expensive homes
- 55374, MN: higher priced homes
- 55369, MN: higher priced homes
- 55330, MN: equally priced homes
- 55445, MN: equally priced homes
- 55434, MN: less expensive homes
Zip Codes with Similar Populations
- 97206, OR: higher priced homes
- 20850, MD: higher priced homes
- 20854, MD: higher priced homes
- 23185, VA: higher priced homes
- 23434, VA: less expensive homes
- 92886, CA: higher priced homes
- 95116, CA: higher priced homes
- 95124, CA: higher priced homes
- 96792, HI: higher priced homes
- 07105, NJ: higher priced homes
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