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These days, finding an affordable place to live in the 55709 area can be challenging. Home prices in 55709 are now at a median cost of $147,277, lower than the Minnesota average of $269,934.
The average cost of rent is $835/mo in 55709, primarily driven by the current value of real estate in the 55709 area. While nearly 38.38% of residents own their homes outright in 55709, 11.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55709 is $4,983 per month. Households that rent pay about 16.75% of their income on rent here. 55709's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55786, MN: less expensive homes
- 55722, MN: equally priced homes
- 55764, MN: less expensive homes
- 55716, MN: equally priced homes
- 55775, MN: higher priced homes
- 55744, MN: higher priced homes
- 55769, MN: less expensive homes
- 55721, MN: higher priced homes
- 55753, MN: less expensive homes
- 56636, MN: higher priced homes
Zip Codes with Similar Populations
- 71403, LA: equally priced homes
- 29682, SC: higher priced homes
- 29817, SC: less expensive homes
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- 30178, GA: higher priced homes
- 30738, GA: equally priced homes
- 32580, FL: higher priced homes
- 70803, LA: higher priced homes
- 71234, LA: higher priced homes
- 29055, SC: less expensive homes
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