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These days, finding an affordable place to live in the 55341 area can be challenging. Home prices in 55341 are now at a median cost of $462,632, higher than the Minnesota average of $345,793.
The average cost of rent is $1,554/mo in 55341, primarily driven by the current value of real estate in the 55341 area. In 55341, 5.57% of households rent, and 17.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55341 is $13,452 per month. Households that rent pay about 11.56% of their income on rent here. 55341’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
- 55376, MN: less expensive homes
- 55357, MN: higher priced homes
- 55374, MN: equally priced homes
- 55301, MN: less expensive homes
- 55373, MN: less expensive homes
- 55340, MN: higher priced homes
- 55313, MN: less expensive homes
- 55311, MN: higher priced homes
- 55327, MN: equally priced homes
- 55328, MN: equally priced homes
Zip Codes with Similar Populations
- 02657, MA: higher priced homes
- 35648, AL: less expensive homes
- 33965, FL: less expensive homes
- 29704, SC: less expensive homes
- 21750, MD: less expensive homes
- 16345, PA: less expensive homes
- 15541, PA: less expensive homes
- 15419, PA: less expensive homes
- 14125, NY: less expensive homes
- 13439, NY: less expensive homes
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