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These days, finding an affordable place to live in the 55454 area can be challenging. Home prices in 55454 are now at a median cost of $239,232, lower than the Minnesota average of $345,793.
The average cost of rent is $846/mo in 55454, primarily driven by the current value of real estate in the 55454 area. In 55454, 92.11% of households rent, and 64.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55454 is $2,444 per month. Households that rent pay about 34.63% of their income on rent here. 55454’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 55455, MN: higher priced homes
- 55415, MN: higher priced homes
- 55404, MN: higher priced homes
- 55414, MN: higher priced homes
- 55402, MN: higher priced homes
- 55401, MN: higher priced homes
- 55403, MN: higher priced homes
- 55413, MN: higher priced homes
- 55407, MN: higher priced homes
- 55114, MN: higher priced homes
Zip Codes with Similar Populations
- 32132, FL: equally priced homes
- 44230, OH: equally priced homes
- 43935, OH: less expensive homes
- 43515, OH: less expensive homes
- 42320, KY: less expensive homes
- 41139, KY: less expensive homes
- 39845, GA: less expensive homes
- 39191, MS: less expensive homes
- 36345, AL: less expensive homes
- 35031, AL: less expensive homes
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