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These days, finding an affordable place to live in the 55309 area can be challenging. Home prices in 55309 are now at a median cost of $274,520, higher than the Minnesota average of $269,934.
The average cost of rent is $1,418/mo in 55309, primarily driven by the current value of real estate in the 55309 area. While nearly 19.84% of residents own their homes outright in 55309, 11.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55309 is $8,754 per month. Households that rent pay about 16.20% of their income on rent here. 55309's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 55362, MN: equally priced homes
- 55308, MN: equally priced homes
- 55301, MN: equally priced homes
- 55330, MN: equally priced homes
- 55398, MN: equally priced homes
- 55376, MN: higher priced homes
- 55319, MN: equally priced homes
- 55358, MN: equally priced homes
- 55320, MN: equally priced homes
- 55327, MN: higher priced homes
Zip Codes with Similar Populations
- 98020, WA: higher priced homes
- 06801, CT: higher priced homes
- 07650, NJ: higher priced homes
- 08872, NJ: higher priced homes
- 13212, NY: less expensive homes
- 14214, NY: less expensive homes
- 17044, PA: less expensive homes
- 17225, PA: less expensive homes
- 21223, MD: less expensive homes
- 24141, VA: less expensive homes
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