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These days, finding an affordable place to live in the 55319 area can be challenging. Home prices in 55319 are now at a median cost of $384,759, higher than the Minnesota average of $345,793.
The average cost of rent is $1,236/mo in 55319, primarily driven by the current value of real estate in the 55319 area. In 55319, 3.05% of households rent, and 33.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55319 is $9,941 per month. Households that rent pay about 12.43% of their income on rent here. 55319’s most expensive areas are in the western regions, while the cheapest areas are in the southern 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
- 55308, MN: equally priced homes
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Zip Codes with Similar Populations
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