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These days, finding an affordable place to live in the 55342 area can be challenging. Home prices in 55342 are now at a median cost of $120,715, lower than the Minnesota average of $269,934.
The average cost of rent is $866/mo in 55342, primarily driven by the current value of real estate in the 55342 area. While nearly 61.74% of residents own their homes outright in 55342, 17.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55342 is $4,919 per month. Households that rent pay about 17.61% of their income on rent here. 55342's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55314, MN: higher priced homes
- 55310, MN: equally priced homes
- 55385, MN: higher priced homes
- 56277, MN: higher priced homes
- 55312, MN: higher priced homes
- 56230, MN: higher priced homes
- 55350, MN: higher priced homes
- 56284, MN: equally priced homes
- 55366, MN: higher priced homes
- 55336, MN: higher priced homes
Zip Codes with Similar Populations
- 07620, NJ: higher priced homes
- 99402, WA: higher priced homes
- 95573, CA: higher priced homes
- 87036, NM: equally priced homes
- 85707, AZ: higher priced homes
- 80478, CO: higher priced homes
- 79545, TX: less expensive homes
- 75968, TX: less expensive homes
- 74332, OK: higher priced homes
- 71259, LA: equally priced homes
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