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These days, finding an affordable place to live in the 55432 area can be challenging. Home prices in 55432 are now at a median cost of $302,669, lower than the Minnesota average of $345,793.
The average cost of rent is $1,416/mo in 55432, primarily driven by the current value of real estate in the 55432 area. In 55432, 36.06% of households rent, and 33.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55432 is $7,041 per month. Households that rent pay about 20.11% of their income on rent here. 55432’s most expensive areas are in the western regions, while the cheapest areas are in the eastern 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
- 55444, MN: higher priced homes
- 55112, MN: higher priced homes
- 55430, MN: less expensive homes
- 55421, MN: equally priced homes
- 55443, MN: higher priced homes
- 55429, MN: less expensive homes
- 55434, MN: equally priced homes
- 55418, MN: higher priced homes
- 55412, MN: less expensive homes
- 55126, MN: higher priced homes
Zip Codes with Similar Populations
- 22153, VA: higher priced homes
- 29486, SC: higher priced homes
- 29707, SC: higher priced homes
- 31601, GA: less expensive homes
- 00983, PR: less expensive homes
- 90008, CA: higher priced homes
- 33570, FL: equally priced homes
- 34209, FL: higher priced homes
- 70808, LA: higher priced homes
- 55449, MN: higher priced homes
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