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These days, finding an affordable place to live in the 55306 area can be challenging. Home prices in 55306 are now at a median cost of $287,269, higher than the Minnesota average of $269,934.
The average cost of rent is $1,362/mo in 55306, primarily driven by the current value of real estate in the 55306 area. While nearly 38.01% of residents own their homes outright in 55306, 28.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55306 is $7,570 per month. Households that rent pay about 17.99% of their income on rent here. 55306's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 55337, MN: equally priced homes
- 55378, MN: higher priced homes
- 55044, MN: higher priced homes
- 55124, MN: equally priced homes
- 55372, MN: higher priced homes
- 55431, MN: equally priced homes
- 55122, MN: equally priced homes
- 55437, MN: higher priced homes
- 55420, MN: less expensive homes
- 55068, MN: higher priced homes
Zip Codes with Similar Populations
- 03246, NH: less expensive homes
- 07001, NJ: equally priced homes
- 07646, NJ: higher priced homes
- 10606, NY: higher priced homes
- 56304, MN: less expensive homes
- 68505, NE: less expensive homes
- 68504, NE: less expensive homes
- 66202, KS: less expensive homes
- 64056, MO: less expensive homes
- 63050, MO: less expensive homes
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