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These days, finding an affordable place to live in the 55602 area can be challenging. Home prices in 55602 are now at a median cost of $174,667, lower than the Minnesota average of $269,934.
The average cost of rent is $890/mo in 55602, primarily driven by the current value of real estate in the 55602 area. While nearly 51.51% of residents own their homes outright in 55602, 5.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55602 is $5,335 per month. Households that rent pay about 16.69% of their income on rent here. 55602's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 55763, MN: equally priced homes
- 55705, MN: less expensive homes
- 55766, MN: less expensive homes
- 55601, MN: equally priced homes
- 55614, MN: less expensive homes
- 55741, MN: less expensive homes
- 55603, MN: higher priced homes
- 55734, MN: equally priced homes
- 55738, MN: less expensive homes
- 55751, MN: less expensive homes
Zip Codes with Similar Populations
- 17861, PA: equally priced homes
- 83806, ID: higher priced homes
- 86435, AZ: equally priced homes
- 87583, NM: less expensive homes
- 24487, VA: higher priced homes
- 19731, DE: higher priced homes
- 18625, PA: equally priced homes
- 18441, PA: higher priced homes
- 18356, PA: higher priced homes
- 83223, ID: higher priced homes
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