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These days, finding an affordable place to live in the 55314 area can be challenging. Home prices in 55314 are now at a median cost of $149,008, lower than the Minnesota average of $269,934.
The average cost of rent is $759/mo in 55314, primarily driven by the current value of real estate in the 55314 area. While nearly 50.23% of residents own their homes outright in 55314, 18.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55314 is $5,049 per month. Households that rent pay about 15.03% of their income on rent here. 55314's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55342, MN: less expensive homes
- 55385, MN: higher priced homes
- 55312, MN: equally priced homes
- 55310, MN: less expensive homes
- 55350, MN: higher priced homes
- 56277, MN: equally priced homes
- 55366, MN: equally priced homes
- 55336, MN: higher priced homes
- 56230, MN: higher priced homes
- 55307, MN: higher priced homes
Zip Codes with Similar Populations
- 03280, NH: higher priced homes
- 04410, ME: equally priced homes
- 61870, IL: less expensive homes
- 70740, LA: less expensive homes
- 68930, NE: less expensive homes
- 68662, NE: equally priced homes
- 66860, KS: less expensive homes
- 64861, MO: less expensive homes
- 64738, MO: equally priced homes
- 63944, MO: less expensive homes
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