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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 $481,946, higher than the Minnesota average of $269,934.
The average cost of rent is $2,024/mo in 55415, primarily driven by the current value of real estate in the 55415 area. While nearly 40.98% of residents own their homes outright in 55415, 60.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55415 is $9,829 per month. Households that rent pay about 20.60% of their income on rent here. 55415's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
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- 55408, MN: less expensive homes
Zip Codes with Similar Populations
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