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These days, finding an affordable place to live in the 55425 area can be challenging. Home prices in 55425 are now at a median cost of $332,828, lower than the Minnesota average of $345,793.
The average cost of rent is $1,508/mo in 55425, primarily driven by the current value of real estate in the 55425 area. In 55425, 64.94% of households rent, and 31.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55425 is $6,750 per month. Households that rent pay about 22.34% of their income on rent here. 55425’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 55420, MN: equally priced homes
- 55423, MN: equally priced homes
- 55431, MN: higher priced homes
- 55122, MN: equally priced homes
- 55417, MN: higher priced homes
- 55111, MN: higher priced homes
- 55121, MN: equally priced homes
- 55435, MN: higher priced homes
- 55419, MN: higher priced homes
- 55437, MN: higher priced homes
Zip Codes with Similar Populations
- 42261, KY: less expensive homes
- 75979, TX: less expensive homes
- 75704, TX: less expensive homes
- 73080, OK: less expensive homes
- 71459, LA: less expensive homes
- 70512, LA: less expensive homes
- 55424, MN: higher priced homes
- 49323, MI: equally priced homes
- 48117, MI: less expensive homes
- 01082, MA: less expensive homes
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