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These days, finding an affordable place to live in the 55324 area can be challenging. Home prices in 55324 are now at a median cost of $361,286, higher than the Minnesota average of $345,793.
The average cost of rent is $1,222/mo in 55324, primarily driven by the current value of real estate in the 55324 area. In 55324, 15.57% of households rent, and 45.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55324 is $6,362 per month. Households that rent pay about 19.21% of their income on rent here. 55324’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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
- 55325, MN: less expensive homes
- 55355, MN: less expensive homes
- 55321, MN: less expensive homes
- 56243, MN: less expensive homes
- 55381, MN: less expensive homes
- 56228, MN: less expensive homes
- 55349, MN: equally priced homes
- 55395, MN: less expensive homes
- 56209, MN: less expensive homes
- 55390, MN: equally priced homes
Zip Codes with Similar Populations
- 97344, OR: equally priced homes
- 25969, WV: less expensive homes
- 79358, TX: less expensive homes
- 92155, CA: higher priced homes
- 29743, SC: less expensive homes
- 84632, UT: equally priced homes
- 20779, MD: higher priced homes
- 17060, PA: less expensive homes
- 98303, WA: higher priced homes
- 15015, PA: higher priced homes
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