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These days, finding an affordable place to live in the 55312 area can be challenging. Home prices in 55312 are now at a median cost of $205,973, lower than the Minnesota average of $345,793.
The average cost of rent is $891/mo in 55312, primarily driven by the current value of real estate in the 55312 area. In 55312, 10.83% of households rent, and 36.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55312 is $7,215 per month. Households that rent pay about 12.35% of their income on rent here. 55312’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 55366, MN: equally priced homes
- 55385, MN: higher priced homes
- 55336, MN: higher priced homes
- 55350, MN: higher priced homes
- 55314, MN: equally priced homes
- 55307, MN: higher priced homes
- 55370, MN: higher priced homes
- 55338, MN: higher priced homes
- 55354, MN: higher priced homes
- 55342, MN: less expensive homes
Zip Codes with Similar Populations
- 56587, MN: higher priced homes
- 73768, OK: less expensive homes
- 73566, OK: less expensive homes
- 73459, OK: equally priced homes
- 73014, OK: equally priced homes
- 68428, NE: higher priced homes
- 63462, MO: less expensive homes
- 62546, IL: less expensive homes
- 62047, IL: less expensive homes
- 60924, IL: less expensive homes
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