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These days, finding an affordable place to live in the 55414 area can be challenging. Home prices in 55414 are now at a median cost of $301,219, higher than the Minnesota average of $269,934.
The average cost of rent is $1,370/mo in 55414, primarily driven by the current value of real estate in the 55414 area. While nearly 61.29% of residents own their homes outright in 55414, 84.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55414 is $3,944 per month. Households that rent pay about 34.74% of their income on rent here. 55414's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55455, MN: equally priced homes
- 55454, MN: less expensive homes
- 55415, MN: higher priced homes
- 55413, MN: equally priced homes
- 55114, MN: less expensive homes
- 55402, MN: less expensive homes
- 55401, MN: higher priced homes
- 55404, MN: less expensive homes
- 55403, MN: equally priced homes
- 55418, MN: less expensive homes
Zip Codes with Similar Populations
- 75075, TX: equally priced homes
- 49546, MI: equally priced homes
- 53132, WI: equally priced homes
- 53211, WI: higher priced homes
- 57103, SD: less expensive homes
- 60409, IL: less expensive homes
- 60451, IL: equally priced homes
- 64055, MO: less expensive homes
- 64801, MO: less expensive homes
- 70118, LA: higher priced homes
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