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These days, finding an affordable place to live in the 55346 area can be challenging. Home prices in 55346 are now at a median cost of $477,657, higher than the Minnesota average of $345,793.
The average cost of rent is $1,838/mo in 55346, primarily driven by the current value of real estate in the 55346 area. In 55346, 15.74% of households rent, and 31.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55346 is $12,240 per month. Households that rent pay about 15.02% of their income on rent here. 55346’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern 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
- 55345, MN: equally priced homes
- 55344, MN: less expensive homes
- 55347, MN: higher priced homes
- 55317, MN: higher priced homes
- 55343, MN: less expensive homes
- 55331, MN: higher priced homes
- 55439, MN: higher priced homes
- 55436, MN: higher priced homes
- 55391, MN: higher priced homes
- 55305, MN: equally priced homes
Zip Codes with Similar Populations
- 02370, MA: equally priced homes
- 06443, CT: higher priced homes
- 06804, CT: equally priced homes
- 07086, NJ: higher priced homes
- 46373, IN: less expensive homes
- 66047, KS: less expensive homes
- 64116, MO: less expensive homes
- 56501, MN: less expensive homes
- 54235, WI: less expensive homes
- 53158, WI: less expensive homes
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