Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 55401 area can be challenging. Home prices in 55401 are now at a median cost of $410,138, higher than the Minnesota average of $269,934.
The average cost of rent is $1,791/mo in 55401, primarily driven by the current value of real estate in the 55401 area. While nearly 36.56% of residents own their homes outright in 55401, 63.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55401 is $8,690 per month. Households that rent pay about 20.61% of their income on rent here. 55401's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55402, MN: less expensive homes
- 55415, MN: higher priced homes
- 55413, MN: less expensive homes
- 55403, MN: less expensive homes
- 55454, MN: less expensive homes
- 55404, MN: less expensive homes
- 55405, MN: equally priced homes
- 55411, MN: less expensive homes
- 55414, MN: less expensive homes
- 55455, MN: less expensive homes
Zip Codes with Similar Populations
- 02330, MA: less expensive homes
- 98550, WA: less expensive homes
- 95948, CA: less expensive homes
- 93923, CA: higher priced homes
- 90212, CA: higher priced homes
- 89179, NV: less expensive homes
- 81506, CO: less expensive homes
- 81082, CO: less expensive homes
- 76085, TX: less expensive homes
- 27944, NC: less expensive homes
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