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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 $814,143, higher than the Minnesota average of $345,793.
The average cost of rent is $1,880/mo in 55356, primarily driven by the current value of real estate in the 55356 area. In 55356, 12.80% of households rent, and 28.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55356 is $15,304 per month. Households that rent pay about 12.28% of their income on rent here. 55356’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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
- 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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