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These days, finding an affordable place to live in the 55445 area can be challenging. Home prices in 55445 are now at a median cost of $361,754, higher than the Minnesota average of $345,793.
The average cost of rent is $1,743/mo in 55445, primarily driven by the current value of real estate in the 55445 area. In 55445, 18.82% of households rent, and 26.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55445 is $8,898 per month. Households that rent pay about 19.59% of their income on rent here. 55445’s most expensive areas are in the northern regions, while the cheapest areas are in the western 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
- 55443, MN: equally priced homes
- 55369, MN: equally priced homes
- 55444, MN: equally priced homes
- 55429, MN: less expensive homes
- 55316, MN: equally priced homes
- 55428, MN: less expensive homes
- 55433, MN: less expensive homes
- 55430, MN: less expensive homes
- 55442, MN: higher priced homes
- 55432, MN: less expensive homes
Zip Codes with Similar Populations
- 01507, MA: higher priced homes
- 07660, NJ: higher priced homes
- 08030, NJ: less expensive homes
- 08069, NJ: less expensive homes
- 08629, NJ: less expensive homes
- 08824, NJ: higher priced homes
- 10980, NY: higher priced homes
- 11961, NY: higher priced homes
- 13207, NY: less expensive homes
- 15218, PA: less expensive homes
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