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These days, finding an affordable place to live in the 55702 area can be challenging. Home prices in 55702 are now at a median cost of $255,600, lower than the Minnesota average of $345,793.
The average cost of rent is $1,208/mo in 55702, primarily driven by the current value of real estate in the 55702 area. In 55702, 6.58% of households rent, and 46.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55702 is $6,324 per month. Households that rent pay about 19.10% of their income on rent here. 55702’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 55717, MN: higher priced homes
- 55711, MN: less expensive homes
- 55765, MN: less expensive homes
- 55779, MN: higher priced homes
- 55736, MN: less expensive homes
- 55811, MN: higher priced homes
- 55803, MN: higher priced homes
- 55812, MN: higher priced homes
- 55804, MN: higher priced homes
- 55784, MN: equally priced homes
Zip Codes with Similar Populations
- 70436, LA: less expensive homes
- 01367, MA: equally priced homes
- 56291, MN: less expensive homes
- 57213, SD: less expensive homes
- 57255, SD: less expensive homes
- 57331, SD: higher priced homes
- 57476, SD: less expensive homes
- 57522, SD: less expensive homes
- 67106, KS: less expensive homes
- 68631, NE: equally priced homes
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