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These days, finding an affordable place to live in the 55395 area can be challenging. Home prices in 55395 are now at a median cost of $242,174, lower than the Minnesota average of $345,793.
The average cost of rent is $843/mo in 55395, primarily driven by the current value of real estate in the 55395 area. In 55395, 17.33% of households rent, and 42.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55395 is $6,592 per month. Households that rent pay about 12.78% of their income on rent here. 55395’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern 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
- 55354, MN: higher priced homes
- 55367, MN: higher priced homes
- 55349, MN: higher priced homes
- 55381, MN: equally priced homes
- 55390, MN: higher priced homes
- 55360, MN: higher priced homes
- 55363, MN: higher priced homes
- 55388, MN: higher priced homes
- 55321, MN: higher priced homes
- 55328, MN: higher priced homes
Zip Codes with Similar Populations
- 12529, NY: higher priced homes
- 14435, NY: less expensive homes
- 19383, PA: higher priced homes
- 20117, VA: higher priced homes
- 21837, MD: equally priced homes
- 23149, VA: higher priced homes
- 27844, NC: less expensive homes
- 70039, LA: equally priced homes
- 78357, TX: less expensive homes
- 68446, NE: equally priced homes
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