Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 55418 area can be challenging. Home prices in 55418 are now at a median cost of $273,279, higher than the Minnesota average of $269,934.
The average cost of rent is $1,170/mo in 55418, primarily driven by the current value of real estate in the 55418 area. While nearly 31.67% of residents own their homes outright in 55418, 37.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55418 is $6,828 per month. Households that rent pay about 17.13% of their income on rent here. 55418's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 55413, MN: higher priced homes
- 55421, MN: less expensive homes
- 55414, MN: higher priced homes
- 55401, MN: higher priced homes
- 55412, MN: less expensive homes
- 55415, MN: higher priced homes
- 55455, MN: higher priced homes
- 55411, MN: less expensive homes
- 55402, MN: less expensive homes
- 55454, MN: less expensive homes
Zip Codes with Similar Populations
- 01826, MA: higher priced homes
- 77045, TX: less expensive homes
- 70454, LA: less expensive homes
- 70115, LA: higher priced homes
- 62301, IL: less expensive homes
- 55428, MN: less expensive homes
- 54401, WI: less expensive homes
- 50265, IA: less expensive homes
- 44004, OH: less expensive homes
- 37830, TN: less expensive homes
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