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These days, finding an affordable place to live in the 55358 area can be challenging. Home prices in 55358 are now at a median cost of $372,459, higher than the Minnesota average of $345,793.
The average cost of rent is $941/mo in 55358, primarily driven by the current value of real estate in the 55358 area. In 55358, 11.85% of households rent, and 29.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55358 is $8,429 per month. Households that rent pay about 11.17% of their income on rent here. 55358’s most expensive areas are in the northwestern 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
- 55302, MN: less expensive homes
- 55313, MN: equally priced homes
- 55382, MN: equally priced homes
- 55362, MN: equally priced homes
- 55320, MN: equally priced homes
- 55309, MN: equally priced homes
- 55353, MN: equally priced homes
- 55301, MN: equally priced homes
- 55376, MN: equally priced homes
- 55341, MN: higher priced homes
Zip Codes with Similar Populations
- 74441, OK: less expensive homes
- 36340, AL: less expensive homes
- 36576, AL: less expensive homes
- 37098, TN: less expensive homes
- 37302, TN: equally priced homes
- 71857, AR: less expensive homes
- 72360, AR: less expensive homes
- 72744, AR: less expensive homes
- 74073, OK: less expensive homes
- 35980, AL: less expensive homes
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