Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 55311 area can be challenging. Home prices in 55311 are now at a median cost of $394,677, higher than the Minnesota average of $269,934.
The average cost of rent is $1,660/mo in 55311, primarily driven by the current value of real estate in the 55311 area. While nearly 29.36% of residents own their homes outright in 55311, 10.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55311 is $11,929 per month. Households that rent pay about 13.92% of their income on rent here. 55311's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55369, MN: less expensive homes
- 55340, MN: higher priced homes
- 55446, MN: higher priced homes
- 55442, MN: less expensive homes
- 55445, MN: less expensive homes
- 55428, MN: less expensive homes
- 55447, MN: equally priced homes
- 55441, MN: equally priced homes
- 55316, MN: less expensive homes
- 55374, MN: equally priced homes
Zip Codes with Similar Populations
- 06460, CT: less expensive homes
- 91776, CA: higher priced homes
- 72023, AR: less expensive homes
- 63011, MO: less expensive homes
- 59715, MT: higher priced homes
- 55016, MN: less expensive homes
- 49341, MI: less expensive homes
- 42104, KY: less expensive homes
- 35216, AL: less expensive homes
- 33317, FL: less expensive homes
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