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These days, finding an affordable place to live in the 55423 area can be challenging. Home prices in 55423 are now at a median cost of $258,073, lower than the Minnesota average of $269,934.
The average cost of rent is $1,244/mo in 55423, primarily driven by the current value of real estate in the 55423 area. While nearly 33.95% of residents own their homes outright in 55423, 35.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55423 is $6,256 per month. Households that rent pay about 19.88% of their income on rent here. 55423's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 55419, MN: higher priced homes
- 55435, MN: equally priced homes
- 55425, MN: equally priced homes
- 55420, MN: equally priced homes
- 55417, MN: higher priced homes
- 55410, MN: higher priced homes
- 55424, MN: higher priced homes
- 55431, MN: higher priced homes
- 55409, MN: higher priced homes
- 55439, MN: higher priced homes
Zip Codes with Similar Populations
- 04240, ME: less expensive homes
- 01852, MA: higher priced homes
- 10035, NY: higher priced homes
- 93657, CA: higher priced homes
- 22901, VA: higher priced homes
- 54311, WI: less expensive homes
- 77489, TX: less expensive homes
- 98662, WA: higher priced homes
- 77571, TX: less expensive homes
- 78260, TX: higher priced homes
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