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These days, finding an affordable place to live in the 55609 area can be challenging. Home prices in 55609 are now at a median cost of $239,400, lower than the Minnesota average of $269,934.
The average cost of rent is $1,131/mo in 55609, primarily driven by the current value of real estate in the 55609 area. While nearly 37.78% of residents own their homes outright in 55609, 15.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55609 is $7,529 per month. Households that rent pay about 15.02% of their income on rent here. 55609's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55616, MN: less expensive homes
- 55804, MN: equally priced homes
- 55803, MN: higher priced homes
- 55812, MN: equally priced homes
- 55811, MN: equally priced homes
- 54844, WI: less expensive homes
- 55779, MN: equally priced homes
- 55717, MN: less expensive homes
- 54827, WI: less expensive homes
- 55702, MN: less expensive homes
Zip Codes with Similar Populations
- 72026, AR: less expensive homes
- 59456, MT: less expensive homes
- 59755, MT: higher priced homes
- 59762, MT: higher priced homes
- 60539, IL: higher priced homes
- 60933, IL: less expensive homes
- 61775, IL: less expensive homes
- 66830, KS: less expensive homes
- 68981, NE: less expensive homes
- 69146, NE: less expensive homes
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