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These days, finding an affordable place to live in the 55612 area can be challenging. Home prices in 55612 are now at a median cost of $422,919, higher than the Minnesota average of $345,793.
The average cost of rent is $1,154/mo in 55612, primarily driven by the current value of real estate in the 55612 area. In 55612, 12.70% of households rent, and 44.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55612 is $7,237 per month. Households that rent pay about 15.94% of their income on rent here. 55612’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 55615, MN: less expensive homes
- 55613, MN: less expensive homes
- 55607, MN: less expensive homes
- 55706, MN: less expensive homes
- 55750, MN: less expensive homes
- 55732, MN: less expensive homes
- 55708, MN: less expensive homes
- 55792, MN: less expensive homes
- 55710, MN: less expensive homes
- 55758, MN: less expensive homes
Zip Codes with Similar Populations
- 98530, WA: less expensive homes
- 56145, MN: less expensive homes
- 95556, CA: less expensive homes
- 55711, MN: less expensive homes
- 95563, CA: less expensive homes
- 54119, WI: less expensive homes
- 52760, IA: less expensive homes
- 52619, IA: less expensive homes
- 52567, IA: less expensive homes
- 95653, CA: equally priced homes
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