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These days, finding an affordable place to live in the 55344 area can be challenging. Home prices in 55344 are now at a median cost of $368,083, higher than the Minnesota average of $345,793.
The average cost of rent is $1,757/mo in 55344, primarily driven by the current value of real estate in the 55344 area. In 55344, 55.66% of households rent, and 33.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55344 is $7,905 per month. Households that rent pay about 22.22% of their income on rent here. 55344’s most expensive areas are in the northern 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
- 55347, MN: higher priced homes
- 55346, MN: higher priced homes
- 55439, MN: higher priced homes
- 55438, MN: higher priced homes
- 55436, MN: higher priced homes
- 55343, MN: higher priced homes
- 55345, MN: higher priced homes
- 55437, MN: higher priced homes
- 55435, MN: equally priced homes
- 55317, MN: higher priced homes
Zip Codes with Similar Populations
- 00920, PR: less expensive homes
- 92610, CA: higher priced homes
- 11730, NY: higher priced homes
- 11946, NY: higher priced homes
- 12308, NY: less expensive homes
- 16502, PA: less expensive homes
- 16503, PA: less expensive homes
- 19056, PA: equally priced homes
- 72830, AR: less expensive homes
- 46714, IN: less expensive homes
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