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These days, finding an affordable place to live in the 55343 area can be challenging. Home prices in 55343 are now at a median cost of $402,953, higher than the Minnesota average of $345,793.
The average cost of rent is $1,592/mo in 55343, primarily driven by the current value of real estate in the 55343 area. In 55343, 53.38% of households rent, and 39.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55343 is $7,712 per month. Households that rent pay about 20.64% of their income on rent here. 55343’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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
- 55436, MN: higher priced homes
- 55305, MN: higher priced homes
- 55426, MN: less expensive homes
- 55439, MN: higher priced homes
- 55424, MN: higher priced homes
- 55345, MN: higher priced homes
- 55416, MN: higher priced homes
- 55344, MN: equally priced homes
- 55410, MN: higher priced homes
- 55346, MN: higher priced homes
Zip Codes with Similar Populations
- 04330, ME: less expensive homes
- 98178, WA: higher priced homes
- 95945, CA: higher priced homes
- 93960, CA: higher priced homes
- 92832, CA: higher priced homes
- 85614, AZ: less expensive homes
- 80238, CO: higher priced homes
- 34109, FL: higher priced homes
- 33712, FL: less expensive homes
- 33618, FL: higher priced homes
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