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These days, finding an affordable place to live in the 55427 area can be challenging. Home prices in 55427 are now at a median cost of $270,045, higher than the Minnesota average of $269,934.
The average cost of rent is $1,263/mo in 55427, primarily driven by the current value of real estate in the 55427 area. While nearly 35.35% of residents own their homes outright in 55427, 37.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55427 is $6,826 per month. Households that rent pay about 18.50% of their income on rent here. 55427's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 55441, MN: higher priced homes
- 55422, MN: equally priced homes
- 55442, MN: higher priced homes
- 55428, MN: less expensive homes
- 55426, MN: equally priced homes
- 55411, MN: less expensive homes
- 55412, MN: less expensive homes
- 55305, MN: higher priced homes
- 55429, MN: less expensive homes
- 55416, MN: higher priced homes
Zip Codes with Similar Populations
- 45247, OH: less expensive homes
- 97078, OR: higher priced homes
- 97013, OR: higher priced homes
- 92651, CA: higher priced homes
- 92617, CA: higher priced homes
- 77384, TX: higher priced homes
- 75218, TX: higher priced homes
- 74115, OK: less expensive homes
- 73020, OK: less expensive homes
- 72301, AR: less expensive homes
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