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These days, finding an affordable place to live in the 55375 area can be challenging. Home prices in 55375 are now at a median cost of $456,168, higher than the Minnesota average of $345,793.
The average cost of rent is $1,241/mo in 55375, primarily driven by the current value of real estate in the 55375 area. In 55375, 7.11% of households rent, and 20.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55375 is $12,480 per month. Households that rent pay about 9.95% of their income on rent here. 55375’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
- 55387, MN: equally priced homes
- 55364, MN: higher priced homes
- 55386, MN: higher priced homes
- 55388, MN: less expensive homes
- 55384, MN: higher priced homes
- 55360, MN: less expensive homes
- 55331, MN: higher priced homes
- 55359, MN: higher priced homes
- 55318, MN: less expensive homes
- 55328, MN: equally priced homes
Zip Codes with Similar Populations
- 13452, NY: less expensive homes
- 48463, MI: less expensive homes
- 43431, OH: less expensive homes
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- 98851, WA: less expensive homes
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- 61910, IL: less expensive homes
- 61755, IL: less expensive homes
- 61025, IL: less expensive homes
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