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These days, finding an affordable place to live in the 55447 area can be challenging. Home prices in 55447 are now at a median cost of $399,378, higher than the Minnesota average of $269,934.
The average cost of rent is $1,487/mo in 55447, primarily driven by the current value of real estate in the 55447 area. While nearly 27.15% of residents own their homes outright in 55447, 26.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55447 is $9,866 per month. Households that rent pay about 15.08% of their income on rent here. 55447's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55446, MN: higher priced homes
- 55441, MN: equally priced homes
- 55391, MN: higher priced homes
- 55442, MN: less expensive homes
- 55305, MN: equally priced homes
- 55356, MN: higher priced homes
- 55340, MN: higher priced homes
- 55427, MN: less expensive homes
- 55345, MN: equally priced homes
- 55426, MN: less expensive homes
Zip Codes with Similar Populations
- 02492, MA: higher priced homes
- 83716, ID: equally priced homes
- 91101, CA: higher priced homes
- 91501, CA: higher priced homes
- 97034, OR: higher priced homes
- 97060, OR: less expensive homes
- 98043, WA: equally priced homes
- 98383, WA: equally priced homes
- 22551, VA: less expensive homes
- 19014, PA: less expensive homes
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