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These days, finding an affordable place to live in the 55363 area can be challenging. Home prices in 55363 are now at a median cost of $324,773, lower than the Minnesota average of $345,793.
The average cost of rent is $1,463/mo in 55363, primarily driven by the current value of real estate in the 55363 area. In 55363, 17.36% of households rent, and 26.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55363 is $8,319 per month. Households that rent pay about 17.59% of their income on rent here. 55363’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 55390, MN: equally priced homes
- 55328, MN: higher priced homes
- 55349, MN: equally priced homes
- 55313, MN: equally priced homes
- 55388, MN: equally priced homes
- 55373, MN: higher priced homes
- 55395, MN: less expensive homes
- 55359, MN: higher priced homes
- 55357, MN: higher priced homes
- 55321, MN: less expensive homes
Zip Codes with Similar Populations
- 66739, KS: less expensive homes
- 35186, AL: equally priced homes
- 35470, AL: less expensive homes
- 35490, AL: less expensive homes
- 35578, AL: less expensive homes
- 35581, AL: less expensive homes
- 35760, AL: less expensive homes
- 36251, AL: less expensive homes
- 36521, AL: less expensive homes
- 35046, AL: less expensive homes
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