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These days, finding an affordable place to live in the 55356 area can be challenging. Home prices in 55356 are now at a median cost of $599,540, higher than the Minnesota average of $269,934.
The average cost of rent is $1,368/mo in 55356, primarily driven by the current value of real estate in the 55356 area. While nearly 19.10% of residents own their homes outright in 55356, 10.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55356 is $13,403 per month. Households that rent pay about 10.20% of their income on rent here. 55356's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55391, MN: higher priced homes
- 55384, MN: less expensive homes
- 55447, MN: less expensive homes
- 55359, MN: less expensive homes
- 55364, MN: less expensive homes
- 55340, MN: less expensive homes
- 55331, MN: equally priced homes
- 55446, MN: less expensive homes
- 55345, MN: less expensive homes
- 55357, MN: less expensive homes
Zip Codes with Similar Populations
- 31771, GA: less expensive homes
- 37096, TN: less expensive homes
- 36266, AL: less expensive homes
- 35466, AL: less expensive homes
- 35147, AL: less expensive homes
- 35117, AL: less expensive homes
- 34734, FL: less expensive homes
- 34484, FL: less expensive homes
- 32732, FL: less expensive homes
- 32352, FL: less expensive homes
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