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These days, finding an affordable place to live in the 55603 area can be challenging. Home prices in 55603 are now at a median cost of $210,204, lower than the Minnesota average of $269,934.
The average cost of rent is $622/mo in 55603, primarily driven by the current value of real estate in the 55603 area. While nearly 62.49% of residents own their homes outright in 55603, 12.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55603 is $5,825 per month. Households that rent pay about 10.67% of their income on rent here. 55603's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55614, MN: less expensive homes
- 55613, MN: higher priced homes
- 55602, MN: less expensive homes
- 55750, MN: less expensive homes
- 55705, MN: less expensive homes
- 55763, MN: less expensive homes
- 55708, MN: less expensive homes
- 55741, MN: less expensive homes
- 55734, MN: less expensive homes
- 55792, MN: less expensive homes
Zip Codes with Similar Populations
- 50560, IA: less expensive homes
- 81253, CO: higher priced homes
- 79713, TX: less expensive homes
- 79080, TX: less expensive homes
- 78886, TX: less expensive homes
- 55402, MN: equally priced homes
- 54927, WI: higher priced homes
- 54769, WI: higher priced homes
- 53920, WI: equally priced homes
- 52745, IA: equally priced homes
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