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These days, finding an affordable place to live in the 55604 area can be challenging. Home prices in 55604 are now at a median cost of $332,822, lower than the Minnesota average of $345,793.
The average cost of rent is $1,094/mo in 55604, primarily driven by the current value of real estate in the 55604 area. In 55604, 26.77% of households rent, and 48.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55604 is $5,855 per month. Households that rent pay about 18.69% of their income on rent here. 55604’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 55606, MN: less expensive homes
- 55605, MN: less expensive homes
- 55796, MN: less expensive homes
- 55731, MN: less expensive homes
- 55706, MN: less expensive homes
- 55782, MN: less expensive homes
- 55790, MN: equally priced homes
- 55723, MN: less expensive homes
- 55703, MN: less expensive homes
- 56639, MN: less expensive homes
Zip Codes with Similar Populations
- 02576, MA: higher priced homes
- 65078, MO: less expensive homes
- 62018, IL: less expensive homes
- 59859, MT: higher priced homes
- 98631, WA: higher priced homes
- 74653, OK: less expensive homes
- 74538, OK: less expensive homes
- 74058, OK: less expensive homes
- 54738, WI: equally priced homes
- 08327, NJ: less expensive homes
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