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These days, finding an affordable place to live in the 55402 area can be challenging. Home prices in 55402 are now at a median cost of $206,401, lower than the Minnesota average of $269,934.
The average cost of rent is $1,770/mo in 55402, primarily driven by the current value of real estate in the 55402 area. While nearly 48.22% of residents own their homes outright in 55402, 79.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55402 is $6,284 per month. Households that rent pay about 28.17% of their income on rent here. 55402's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 55415, MN: higher priced homes
- 55401, MN: higher priced homes
- 55403, MN: higher priced homes
- 55404, MN: higher priced homes
- 55454, MN: less expensive homes
- 55405, MN: higher priced homes
- 55413, MN: higher priced homes
- 55455, MN: higher priced homes
- 55414, MN: higher priced homes
- 55408, MN: higher priced homes
Zip Codes with Similar Populations
- 52047, IA: less expensive homes
- 74748, OK: less expensive homes
- 74472, OK: less expensive homes
- 74446, OK: less expensive homes
- 73838, OK: less expensive homes
- 73625, OK: less expensive homes
- 68815, NE: less expensive homes
- 68778, NE: less expensive homes
- 68415, NE: less expensive homes
- 67622, KS: less expensive homes
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