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These days, finding an affordable place to live in the 55385 area can be challenging. Home prices in 55385 are now at a median cost of $182,310, lower than the Minnesota average of $269,934.
The average cost of rent is $720/mo in 55385, primarily driven by the current value of real estate in the 55385 area. While nearly 40.12% of residents own their homes outright in 55385, 12.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55385 is $6,062 per month. Households that rent pay about 11.88% of their income on rent here. 55385's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55314, MN: less expensive homes
- 55312, MN: less expensive homes
- 55342, MN: less expensive homes
- 55350, MN: higher priced homes
- 55366, MN: less expensive homes
- 55336, MN: equally priced homes
- 55310, MN: less expensive homes
- 55307, MN: equally priced homes
- 55370, MN: higher priced homes
- 55354, MN: higher priced homes
Zip Codes with Similar Populations
- 51234, IA: equally priced homes
- 57055, SD: higher priced homes
- 56579, MN: equally priced homes
- 56556, MN: less expensive homes
- 56447, MN: higher priced homes
- 56339, MN: less expensive homes
- 56181, MN: less expensive homes
- 56144, MN: less expensive homes
- 54137, WI: equally priced homes
- 54104, WI: less expensive homes
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