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These days, finding an affordable place to live in the 55327 area can be challenging. Home prices in 55327 are now at a median cost of $494,816, higher than the Minnesota average of $345,793.
The average cost of rent is $1,679/mo in 55327, primarily driven by the current value of real estate in the 55327 area. In 55327, 5.50% of households rent, and 27.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55327 is $11,798 per month. Households that rent pay about 14.23% of their income on rent here. 55327’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern 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
- 55303, MN: less expensive homes
- 55316, MN: less expensive homes
- 55374, MN: equally priced homes
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- 55448, MN: less expensive homes
- 55443, MN: less expensive homes
- 55304, MN: less expensive homes
- 55330, MN: less expensive homes
Zip Codes with Similar Populations
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