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These days, finding an affordable place to live in the 55350 area can be challenging. Home prices in 55350 are now at a median cost of $198,726, lower than the Minnesota average of $269,934.
The average cost of rent is $826/mo in 55350, primarily driven by the current value of real estate in the 55350 area. While nearly 36.58% of residents own their homes outright in 55350, 25.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55350 is $5,749 per month. Households that rent pay about 14.37% of their income on rent here. 55350's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55381, MN: equally priced homes
- 55312, MN: less expensive homes
- 55385, MN: equally priced homes
- 55336, MN: equally priced homes
- 55314, MN: less expensive homes
- 56228, MN: less expensive homes
- 55354, MN: equally priced homes
- 55395, MN: equally priced homes
- 55370, MN: higher priced homes
- 55342, MN: less expensive homes
Zip Codes with Similar Populations
- 02459, MA: higher priced homes
- 98942, WA: higher priced homes
- 98274, WA: higher priced homes
- 98230, WA: higher priced homes
- 97424, OR: higher priced homes
- 94519, CA: higher priced homes
- 93210, CA: equally priced homes
- 93015, CA: higher priced homes
- 83406, ID: higher priced homes
- 68847, NE: higher priced homes
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