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These days, finding an affordable place to live in the 55415 area can be challenging. Home prices in 55415 are now at a median cost of $563,548, higher than the Minnesota average of $345,793.
The average cost of rent is $2,185/mo in 55415, primarily driven by the current value of real estate in the 55415 area. In 55415, 66.43% of households rent, and 34.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55415 is $11,196 per month. Households that rent pay about 19.52% of their income on rent here. 55415’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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
- 55402, MN: less expensive homes
- 55454, MN: less expensive homes
- 55401, MN: less expensive homes
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- 55455, MN: less expensive homes
- 55414, MN: less expensive homes
- 55413, MN: less expensive homes
- 55405, MN: less expensive homes
- 55408, MN: less expensive homes
Zip Codes with Similar Populations
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- 26431, WV: less expensive homes
- 26181, WV: less expensive homes
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