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These days, finding an affordable place to live in the 55362 area can be challenging. Home prices in 55362 are now at a median cost of $256,070, lower than the Minnesota average of $269,934.
The average cost of rent is $1,352/mo in 55362, primarily driven by the current value of real estate in the 55362 area. While nearly 28.32% of residents own their homes outright in 55362, 19.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55362 is $7,586 per month. Households that rent pay about 17.82% of their income on rent here. 55362's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 55309, MN: equally priced homes
- 55301, MN: higher priced homes
- 55313, MN: equally priced homes
- 55376, MN: higher priced homes
- 55330, MN: equally priced homes
- 55358, MN: higher priced homes
- 55341, MN: higher priced homes
- 55374, MN: higher priced homes
- 55320, MN: equally priced homes
- 55302, MN: higher priced homes
Zip Codes with Similar Populations
- 54937, WI: less expensive homes
- 74019, OK: less expensive homes
- 44113, OH: equally priced homes
- 44654, OH: equally priced homes
- 48094, MI: higher priced homes
- 53224, WI: less expensive homes
- 54501, WI: less expensive homes
- 55102, MN: equally priced homes
- 55309, MN: equally priced homes
- 60403, IL: less expensive homes
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