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These days, finding an affordable place to live in the 55370 area can be challenging. Home prices in 55370 are now at a median cost of $322,822, lower than the Minnesota average of $345,793.
The average cost of rent is $914/mo in 55370, primarily driven by the current value of real estate in the 55370 area. In 55370, 7.77% of households rent, and 45.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55370 is $7,197 per month. Households that rent pay about 12.70% of their income on rent here. 55370’s most expensive areas are in the northern 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
- 55339, MN: equally priced homes
- 55336, MN: less expensive homes
- 55397, MN: higher priced homes
- 55368, MN: equally priced homes
- 55338, MN: higher priced homes
- 55354, MN: less expensive homes
- 55367, MN: equally priced homes
- 55360, MN: higher priced homes
- 55366, MN: less expensive homes
- 55307, MN: less expensive homes
Zip Codes with Similar Populations
- 97410, OR: higher priced homes
- 24280, VA: less expensive homes
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- 92697, CA: higher priced homes
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- 95439, CA: higher priced homes
- 95701, CA: higher priced homes
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