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These days, finding an affordable place to live in the 55384 area can be challenging. Home prices in 55384 are now at a median cost of $661,600, higher than the Minnesota average of $345,793.
The average cost of rent is $1,241/mo in 55384, primarily driven by the current value of real estate in the 55384 area. In 55384, 75.14% of households rent, and 43.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55384 is $4,026 per month. Households that rent pay about 30.82% of their income on rent here. 55384’s most expensive areas are in the central 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
- 55364, MN: less expensive homes
- 55331, MN: higher priced homes
- 55356, MN: higher priced homes
- 55359, MN: less expensive homes
- 55391, MN: higher priced homes
- 55386, MN: less expensive homes
- 55375, MN: less expensive homes
- 55317, MN: less expensive homes
- 55345, MN: less expensive homes
- 55447, MN: less expensive homes
Zip Codes with Similar Populations
- 49089, MI: less expensive homes
- 75127, TX: less expensive homes
- 73932, OK: less expensive homes
- 73741, OK: less expensive homes
- 55706, MN: less expensive homes
- 54644, WI: less expensive homes
- 54623, WI: less expensive homes
- 52248, IA: less expensive homes
- 01344, MA: less expensive homes
- 76351, TX: less expensive homes
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