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Expensive
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These days, finding an affordable place to live in the 55307 area can be challenging. Home prices in 55307 are now at a median cost of $178,826, lower than the Minnesota average of $269,934.
The average cost of rent is $764/mo in 55307, primarily driven by the current value of real estate in the 55307 area. While nearly 37.39% of residents own their homes outright in 55307, 25.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55307 is $5,524 per month. Households that rent pay about 13.83% of their income on rent here. 55307's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55338, MN: higher priced homes
- 55334, MN: less expensive homes
- 55366, MN: less expensive homes
- 56044, MN: higher priced homes
- 55339, MN: higher priced homes
- 55370, MN: higher priced homes
- 55336, MN: equally priced homes
- 55368, MN: higher priced homes
- 55396, MN: less expensive homes
- 55397, MN: higher priced homes
Zip Codes with Similar Populations
- 04254, ME: less expensive homes
- 98648, WA: higher priced homes
- 97327, OR: higher priced homes
- 96145, CA: higher priced homes
- 83210, ID: less expensive homes
- 79013, TX: less expensive homes
- 77861, TX: higher priced homes
- 76476, TX: equally priced homes
- 74764, OK: less expensive homes
- 74103, OK: less expensive homes
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