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These days, finding an affordable place to live in the 55391 area can be challenging. Home prices in 55391 are now at a median cost of $1,004,536, higher than the Minnesota average of $345,793.
The average cost of rent is $1,883/mo in 55391, primarily driven by the current value of real estate in the 55391 area. In 55391, 21.31% of households rent, and 41.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55391 is $13,680 per month. Households that rent pay about 13.77% of their income on rent here. 55391’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 55447, MN: less expensive homes
- 55345, MN: less expensive homes
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- 55346, MN: less expensive homes
- 55441, MN: less expensive homes
- 55343, MN: less expensive homes
- 55446, MN: less expensive homes
Zip Codes with Similar Populations
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