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These days, finding an affordable place to live in the 55442 area can be challenging. Home prices in 55442 are now at a median cost of $473,473, higher than the Minnesota average of $345,793.
The average cost of rent is $1,991/mo in 55442, primarily driven by the current value of real estate in the 55442 area. In 55442, 20.43% of households rent, and 44.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55442 is $11,786 per month. Households that rent pay about 16.89% of their income on rent here. 55442’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 55441, MN: equally priced homes
- 55428, MN: less expensive homes
- 55446, MN: higher priced homes
- 55427, MN: less expensive homes
- 55447, MN: equally priced homes
- 55429, MN: less expensive homes
- 55311, MN: equally priced homes
- 55422, MN: less expensive homes
- 55369, MN: less expensive homes
- 55445, MN: less expensive homes
Zip Codes with Similar Populations
- 46107, IN: less expensive homes
- 23847, VA: less expensive homes
- 28580, NC: less expensive homes
- 28650, NC: less expensive homes
- 29520, SC: less expensive homes
- 31014, GA: less expensive homes
- 32054, FL: less expensive homes
- 32220, FL: less expensive homes
- 32344, FL: less expensive homes
- 32693, FL: less expensive homes
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