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These days, finding an affordable place to live in the 55331 area can be challenging. Home prices in 55331 are now at a median cost of $627,925, higher than the Minnesota average of $269,934.
The average cost of rent is $1,518/mo in 55331, primarily driven by the current value of real estate in the 55331 area. While nearly 26.28% of residents own their homes outright in 55331, 11.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55331 is $13,166 per month. Households that rent pay about 11.53% of their income on rent here. 55331's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55317, MN: less expensive homes
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- 55345, MN: less expensive homes
- 55391, MN: higher priced homes
- 55346, MN: less expensive homes
- 55356, MN: equally priced homes
- 55318, MN: less expensive homes
- 55347, MN: less expensive homes
Zip Codes with Similar Populations
- 97914, OR: less expensive homes
- 08034, NJ: less expensive homes
- 08110, NJ: less expensive homes
- 11426, NY: equally priced homes
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- 15132, PA: less expensive homes
- 66605, KS: less expensive homes
- 48532, MI: less expensive homes
- 66204, KS: less expensive homes
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