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These days, finding an affordable place to live in the 55614 area can be challenging. Home prices in 55614 are now at a median cost of $144,084, lower than the Minnesota average of $269,934.
The average cost of rent is $812/mo in 55614, primarily driven by the current value of real estate in the 55614 area. While nearly 48.80% of residents own their homes outright in 55614, 10.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55614 is $5,687 per month. Households that rent pay about 14.28% of their income on rent here. 55614's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 55601, MN: higher priced homes
- 55603, MN: higher priced homes
- 55602, MN: higher priced homes
- 55763, MN: higher priced homes
- 55705, MN: less expensive homes
- 55766, MN: equally priced homes
- 55741, MN: equally priced homes
- 55734, MN: higher priced homes
- 55738, MN: less expensive homes
- 55751, MN: equally priced homes
Zip Codes with Similar Populations
- 06247, CT: higher priced homes
- 65745, MO: less expensive homes
- 66070, KS: higher priced homes
- 67505, KS: less expensive homes
- 67748, KS: less expensive homes
- 74940, OK: less expensive homes
- 75980, TX: less expensive homes
- 83236, ID: higher priced homes
- 93252, CA: higher priced homes
- 28395, NC: equally priced homes
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