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Expensive
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These days, finding an affordable place to live in the 55607 area can be challenging. Home prices in 55607 are now at a median cost of $292,361, higher than the Minnesota average of $269,934.
The average cost of rent is $645/mo in 55607, primarily driven by the current value of real estate in the 55607 area. While nearly 50.04% of residents own their homes outright in 55607, 4.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55607 is $5,881 per month. Households that rent pay about 10.97% of their income on rent here. 55607's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55706, MN: less expensive homes
- 55613, MN: less expensive homes
- 55750, MN: less expensive homes
- 55732, MN: less expensive homes
- 55615, MN: less expensive homes
- 55708, MN: less expensive homes
- 55612, MN: equally priced homes
- 55792, MN: less expensive homes
- 55710, MN: less expensive homes
- 55758, MN: less expensive homes
Zip Codes with Similar Populations
- 05447, VT: less expensive homes
- 14130, NY: less expensive homes
- 99039, WA: less expensive homes
- 99644, AK: less expensive homes
- 12007, NY: less expensive homes
- 99841, AK: less expensive homes
- 10517, NY: higher priced homes
- 08561, NJ: higher priced homes
- 08064, NJ: less expensive homes
- 07820, NJ: equally priced homes
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