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These days, finding an affordable place to live in the 55387 area can be challenging. Home prices in 55387 are now at a median cost of $353,691, higher than the Minnesota average of $269,934.
The average cost of rent is $1,350/mo in 55387, primarily driven by the current value of real estate in the 55387 area. While nearly 22.14% of residents own their homes outright in 55387, 13.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55387 is $9,487 per month. Households that rent pay about 14.23% of their income on rent here. 55387's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 55375, MN: equally priced homes
- 55322, MN: equally priced homes
- 55386, MN: higher priced homes
- 55360, MN: less expensive homes
- 55397, MN: less expensive homes
- 55368, MN: less expensive homes
- 55388, MN: less expensive homes
- 55318, MN: equally priced homes
- 55364, MN: higher priced homes
- 55315, MN: equally priced homes
Zip Codes with Similar Populations
- 63051, MO: less expensive homes
- 36567, AL: less expensive homes
- 37073, TN: less expensive homes
- 01095, MA: less expensive homes
- 38237, TN: less expensive homes
- 40204, KY: less expensive homes
- 43023, OH: equally priced homes
- 44103, OH: less expensive homes
- 45067, OH: less expensive homes
- 48026, MI: less expensive homes
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