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These days, finding an affordable place to live in the 55455 area can be challenging. Home prices in 55455 are now at a median cost of $393,222, higher than the Minnesota average of $345,793.
The average cost of rent is $1,467/mo in 55455, primarily driven by the current value of real estate in the 55455 area. In 55455, 96.46% of households rent, and 34.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55455 is $2,414 per month. Households that rent pay about 60.79% of their income on rent here. 55455’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 55414, MN: higher priced homes
- 55454, MN: less expensive homes
- 55415, MN: higher priced homes
- 55114, MN: less expensive homes
- 55404, MN: less expensive homes
- 55402, MN: less expensive homes
- 55401, MN: equally priced homes
- 55413, MN: equally priced homes
- 55406, MN: less expensive homes
- 55403, MN: less expensive homes
Zip Codes with Similar Populations
- 74029, OK: less expensive homes
- 32628, FL: less expensive homes
- 33493, FL: less expensive homes
- 33538, FL: less expensive homes
- 35978, AL: less expensive homes
- 71254, LA: less expensive homes
- 72106, AR: less expensive homes
- 72941, AR: less expensive homes
- 73150, OK: less expensive homes
- 32619, FL: less expensive homes
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