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These days, finding an affordable place to live in the 55606 area can be challenging. Home prices in 55606 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 55606, primarily driven by the current value of real estate in the 55606 area. While nearly 48.91% of residents own their homes outright in 55606, 18.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55606 is $5,367 per month. Households that rent pay about 13.10% of their income on rent here. 55606's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55605, MN: equally priced homes
- 55604, 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: less expensive homes
- 55723, MN: less expensive homes
- 55703, MN: less expensive homes
- 56639, MN: less expensive homes
Zip Codes with Similar Populations
- 78838, TX: less expensive homes
- 15710, PA: less expensive homes
- 15756, PA: less expensive homes
- 15841, PA: less expensive homes
- 15922, PA: less expensive homes
- 99643, AK: less expensive homes
- 16223, PA: less expensive homes
- 16244, PA: less expensive homes
- 16246, PA: less expensive homes
- 16253, PA: less expensive homes
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