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These days, finding an affordable place to live in the 55317 area can be challenging. Home prices in 55317 are now at a median cost of $554,694, higher than the Minnesota average of $345,793.
The average cost of rent is $1,848/mo in 55317, primarily driven by the current value of real estate in the 55317 area. In 55317, 18.41% of households rent, and 26.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55317 is $12,730 per month. Households that rent pay about 14.52% of their income on rent here. 55317’s most expensive areas are in the northwestern 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
- 55331, MN: higher priced homes
- 55346, MN: less expensive homes
- 55318, MN: less expensive homes
- 55347, MN: equally priced homes
- 55345, MN: equally priced homes
- 55386, MN: equally priced homes
- 55344, MN: less expensive homes
- 55379, MN: less expensive homes
- 55384, MN: higher priced homes
- 55391, MN: higher priced homes
Zip Codes with Similar Populations
- 98422, WA: higher priced homes
- 87002, NM: less expensive homes
- 90732, CA: higher priced homes
- 35126, AL: less expensive homes
- 92106, CA: higher priced homes
- 95620, CA: higher priced homes
- 33566, FL: less expensive homes
- 30277, GA: less expensive homes
- 29403, SC: higher priced homes
- 27518, NC: higher priced homes
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