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These days, finding an affordable place to live in the 55354 area can be challenging. Home prices in 55354 are now at a median cost of $283,055, lower than the Minnesota average of $345,793.
The average cost of rent is $829/mo in 55354, primarily driven by the current value of real estate in the 55354 area. In 55354, 12.61% of households rent, and 39.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55354 is $8,236 per month. Households that rent pay about 10.07% of their income on rent here. 55354’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 55367, MN: higher priced homes
- 55395, MN: less expensive homes
- 55360, MN: higher priced homes
- 55370, MN: higher priced homes
- 55381, MN: equally priced homes
- 55397, MN: higher priced homes
- 55336, MN: less expensive homes
- 55368, MN: higher priced homes
- 55388, MN: higher priced homes
- 55339, MN: higher priced homes
Zip Codes with Similar Populations
- 13654, NY: less expensive homes
- 20623, MD: higher priced homes
- 50423, IA: less expensive homes
- 28033, NC: less expensive homes
- 74445, OK: less expensive homes
- 49232, MI: less expensive homes
- 50170, IA: less expensive homes
- 58421, ND: less expensive homes
- 73141, OK: less expensive homes
- 29638, SC: less expensive homes
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