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These days, finding an affordable place to live in the 55438 area can be challenging. Home prices in 55438 are now at a median cost of $342,737, higher than the Minnesota average of $269,934.
The average cost of rent is $1,643/mo in 55438, primarily driven by the current value of real estate in the 55438 area. While nearly 36.66% of residents own their homes outright in 55438, 23.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55438 is $8,238 per month. Households that rent pay about 19.95% of their income on rent here. 55438's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 55437, MN: equally priced homes
- 55431, MN: less expensive homes
- 55344, MN: equally priced homes
- 55439, MN: higher priced homes
- 55347, MN: higher priced homes
- 55435, MN: less expensive homes
- 55378, MN: equally priced homes
- 55420, MN: less expensive homes
- 55436, MN: higher priced homes
- 55423, MN: less expensive homes
Zip Codes with Similar Populations
- 02019, MA: equally priced homes
- 02777, MA: equally priced homes
- 02842, RI: higher priced homes
- 15017, PA: less expensive homes
- 19057, PA: less expensive homes
- 48302, MI: higher priced homes
- 62208, IL: less expensive homes
- 60455, IL: less expensive homes
- 60084, IL: less expensive homes
- 57501, SD: less expensive homes
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