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These days, finding an affordable place to live in the 55386 area can be challenging. Home prices in 55386 are now at a median cost of $518,347, higher than the Minnesota average of $269,934.
The average cost of rent is $1,863/mo in 55386, primarily driven by the current value of real estate in the 55386 area. While nearly 25.76% of residents own their homes outright in 55386, 6.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55386 is $15,177 per month. Households that rent pay about 12.28% of their income on rent here. 55386's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55318, MN: less expensive homes
- 55331, MN: higher priced homes
- 55317, MN: less expensive homes
- 55375, MN: less expensive homes
- 55364, MN: less expensive homes
- 55384, MN: equally priced homes
- 55387, MN: less expensive homes
- 55315, MN: less expensive homes
- 55322, MN: less expensive homes
- 55346, MN: less expensive homes
Zip Codes with Similar Populations
- 05001, VT: less expensive homes
- 15005, PA: less expensive homes
- 10523, NY: equally priced homes
- 08823, NJ: less expensive homes
- 37841, TN: less expensive homes
- 06013, CT: less expensive homes
- 04444, ME: less expensive homes
- 04107, ME: equally priced homes
- 04086, ME: less expensive homes
- 03857, NH: less expensive homes
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