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These days, finding an affordable place to live in the 55381 area can be challenging. Home prices in 55381 are now at a median cost of $262,117, lower than the Minnesota average of $345,793.
The average cost of rent is $935/mo in 55381, primarily driven by the current value of real estate in the 55381 area. In 55381, 12.04% of households rent, and 47.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55381 is $7,685 per month. Households that rent pay about 12.16% of their income on rent here. 55381’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 55354, MN: equally priced homes
- 55395, MN: equally priced homes
- 55350, MN: equally priced homes
- 55367, MN: higher priced homes
- 55321, MN: higher priced homes
- 55349, MN: higher priced homes
- 55325, MN: higher priced homes
- 55360, MN: higher priced homes
- 55324, MN: higher priced homes
- 55390, MN: higher priced homes
Zip Codes with Similar Populations
- 14203, NY: higher priced homes
- 37315, TN: higher priced homes
- 35610, AL: less expensive homes
- 92401, CA: higher priced homes
- 31830, GA: less expensive homes
- 30216, GA: less expensive homes
- 95002, CA: higher priced homes
- 28119, NC: less expensive homes
- 27212, NC: less expensive homes
- 26833, WV: less expensive homes
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