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Expensive
Expensive
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These days, finding an affordable place to live in the 55605 area can be challenging. Home prices in 55605 are now at a median cost of $288,000, higher than the Minnesota average of $269,934.
The average cost of rent is $703/mo in 55605, primarily driven by the current value of real estate in the 55605 area. While nearly 48.91% of residents own their homes outright in 55605, 18.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55605 is $5,367 per month. Households that rent pay about 13.10% of their income on rent here. 55605's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55606, MN: equally priced homes
- 55604, MN: less expensive homes
- 55796, MN: less expensive homes
- 55731, MN: less expensive homes
- 55782, MN: less expensive homes
- 55790, MN: less expensive homes
- 55723, MN: less expensive homes
- 55771, MN: less expensive homes
- 55772, MN: less expensive homes
- 56639, MN: less expensive homes
Zip Codes with Similar Populations
- 52651, IA: less expensive homes
- 73491, OK: less expensive homes
- 73079, OK: less expensive homes
- 72527, AR: less expensive homes
- 72413, AR: less expensive homes
- 57450, SD: less expensive homes
- 57427, SD: less expensive homes
- 57046, SD: less expensive homes
- 56545, MN: less expensive homes
- 56355, MN: less expensive homes
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