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These days, finding an affordable place to live in the 55322 area can be challenging. Home prices in 55322 are now at a median cost of $441,231, higher than the Minnesota average of $345,793.
The average cost of rent is $926/mo in 55322, primarily driven by the current value of real estate in the 55322 area. In 55322, 7.91% of households rent, and 34.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55322 is $10,586 per month. Households that rent pay about 8.75% of their income on rent here. 55322’s most expensive areas are in the southeastern 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
- 55387, MN: equally priced homes
- 55368, MN: less expensive homes
- 55397, MN: less expensive homes
- 55315, MN: equally priced homes
- 55386, MN: higher priced homes
- 55318, MN: equally priced homes
- 55339, MN: less expensive homes
- 55360, MN: less expensive homes
- 56011, MN: less expensive homes
- 55352, MN: equally priced homes
Zip Codes with Similar Populations
- 35648, AL: less expensive homes
- 84642, UT: less expensive homes
- 30511, GA: less expensive homes
- 54113, WI: less expensive homes
- 32831, FL: equally priced homes
- 59875, MT: higher priced homes
- 33965, FL: less expensive homes
- 35083, AL: less expensive homes
- 35203, AL: less expensive homes
- 29704, SC: less expensive homes
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