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These days, finding an affordable place to live in the 55419 area can be challenging. Home prices in 55419 are now at a median cost of $542,380, higher than the Minnesota average of $345,793.
The average cost of rent is $1,807/mo in 55419, primarily driven by the current value of real estate in the 55419 area. In 55419, 17.36% of households rent, and 24.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55419 is $13,313 per month. Households that rent pay about 13.58% of their income on rent here. 55419’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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
- 55410, MN: higher priced homes
- 55409, MN: less expensive homes
- 55423, MN: less expensive homes
- 55424, MN: higher priced homes
- 55417, MN: less expensive homes
- 55407, MN: less expensive homes
- 55408, MN: less expensive homes
- 55435, MN: less expensive homes
- 55416, MN: equally priced homes
- 55406, MN: less expensive homes
Zip Codes with Similar Populations
- 06705, CT: less expensive homes
- 20708, MD: less expensive homes
- 85718, AZ: higher priced homes
- 49015, MI: less expensive homes
- 49519, MI: less expensive homes
- 52601, IA: less expensive homes
- 53202, WI: less expensive homes
- 54481, WI: less expensive homes
- 64093, MO: less expensive homes
- 75048, TX: less expensive homes
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