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These days, finding an affordable place to live in the 55411 area can be challenging. Home prices in 55411 are now at a median cost of $193,357, lower than the Minnesota average of $269,934.
The average cost of rent is $1,087/mo in 55411, primarily driven by the current value of real estate in the 55411 area. While nearly 20.15% of residents own their homes outright in 55411, 54.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55411 is $4,006 per month. Households that rent pay about 27.13% of their income on rent here. 55411's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55412, MN: equally priced homes
- 55401, MN: higher priced homes
- 55405, MN: higher priced homes
- 55413, MN: higher priced homes
- 55402, MN: equally priced homes
- 55422, MN: higher priced homes
- 55403, MN: higher priced homes
- 55415, MN: higher priced homes
- 55404, MN: higher priced homes
- 55418, MN: higher priced homes
Zip Codes with Similar Populations
- 98074, WA: higher priced homes
- 31204, GA: less expensive homes
- 95632, CA: higher priced homes
- 95824, CA: equally priced homes
- 97213, OR: higher priced homes
- 08003, NJ: higher priced homes
- 06811, CT: higher priced homes
- 05401, VT: higher priced homes
- 08611, NJ: less expensive homes
- 85031, AZ: less expensive homes
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