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These days, finding an affordable place to live in the 55355 area can be challenging. Home prices in 55355 are now at a median cost of $226,798, lower than the Minnesota average of $345,793.
The average cost of rent is $977/mo in 55355, primarily driven by the current value of real estate in the 55355 area. In 55355, 28.56% of households rent, and 44.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55355 is $5,775 per month. Households that rent pay about 16.92% of their income on rent here. 55355’s most expensive areas are in the southeastern 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
- 55324, MN: higher priced homes
- 56243, MN: equally priced homes
- 55325, MN: higher priced homes
- 56209, MN: equally priced homes
- 55321, MN: higher priced homes
- 56251, MN: equally priced homes
- 55302, MN: higher priced homes
- 56288, MN: higher priced homes
- 55349, MN: higher priced homes
- 56201, MN: equally priced homes
Zip Codes with Similar Populations
- 39170, MS: equally priced homes
- 16866, PA: less expensive homes
- 19118, PA: higher priced homes
- 20742, MD: higher priced homes
- 21219, MD: higher priced homes
- 22060, VA: higher priced homes
- 22664, VA: higher priced homes
- 95694, CA: higher priced homes
- 95064, CA: higher priced homes
- 20712, MD: higher priced homes
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