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These days, finding an affordable place to live in the 55430 area can be challenging. Home prices in 55430 are now at a median cost of $264,312, lower than the Minnesota average of $345,793.
The average cost of rent is $1,514/mo in 55430, primarily driven by the current value of real estate in the 55430 area. In 55430, 32.78% of households rent, and 31.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55430 is $6,519 per month. Households that rent pay about 23.23% of their income on rent here. 55430’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 55429, MN: equally priced homes
- 55412, MN: less expensive homes
- 55421, MN: equally priced homes
- 55444, MN: higher priced homes
- 55432, MN: higher priced homes
- 55422, MN: higher priced homes
- 55428, MN: higher priced homes
- 55418, MN: higher priced homes
- 55443, MN: higher priced homes
- 55411, MN: equally priced homes
Zip Codes with Similar Populations
- 02116, MA: higher priced homes
- 99224, WA: higher priced homes
- 98664, WA: higher priced homes
- 98520, WA: equally priced homes
- 98028, WA: higher priced homes
- 95503, CA: higher priced homes
- 95003, CA: higher priced homes
- 94597, CA: higher priced homes
- 94085, CA: higher priced homes
- 46725, IN: less expensive homes
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