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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 $254,217, lower than the Minnesota average of $269,934.
The average cost of rent is $1,249/mo in 55425, primarily driven by the current value of real estate in the 55425 area. While nearly 33.83% of residents own their homes outright in 55425, 64.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55425 is $5,277 per month. Households that rent pay about 23.66% of their income on rent here. 55425's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55420, MN: equally priced homes
- 55423, MN: equally priced homes
- 55431, MN: higher priced homes
- 55122, MN: higher priced homes
- 55417, MN: higher priced homes
- 55111, MN: higher priced homes
- 55121, MN: higher priced homes
- 55435, MN: equally 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: less expensive homes
- 48117, MI: less expensive homes
- 01082, MA: less expensive homes
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