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These days, finding an affordable place to live in the 55412 area can be challenging. Home prices in 55412 are now at a median cost of $229,946, lower than the Minnesota average of $345,793.
The average cost of rent is $1,630/mo in 55412, primarily driven by the current value of real estate in the 55412 area. In 55412, 25.70% of households rent, and 22.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55412 is $6,174 per month. Households that rent pay about 26.41% of their income on rent here. 55412’s most expensive areas are in the northwestern 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
- 55411, MN: higher priced homes
- 55422, MN: higher priced homes
- 55430, MN: higher priced homes
- 55413, MN: higher priced homes
- 55418, MN: higher priced homes
- 55401, MN: higher priced homes
- 55421, MN: higher priced homes
- 55429, MN: higher priced homes
- 55402, MN: higher priced homes
- 55405, MN: higher priced homes
Zip Codes with Similar Populations
- 78757, TX: higher priced homes
- 45248, OH: higher priced homes
- 46322, IN: equally priced homes
- 47404, IN: equally priced homes
- 50131, IA: higher priced homes
- 53045, WI: higher priced homes
- 58703, ND: higher priced homes
- 60153, IL: equally priced homes
- 64086, MO: higher priced homes
- 64114, MO: higher priced homes
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