Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 55711 area can be challenging. Home prices in 55711 are now at a median cost of $172,664, lower than the Minnesota average of $269,934.
The average cost of rent is $712/mo in 55711, primarily driven by the current value of real estate in the 55711 area. While nearly 47.20% of residents own their homes outright in 55711, 14.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55711 is $4,822 per month. Households that rent pay about 14.76% of their income on rent here. 55711's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55702, MN: higher priced homes
- 55779, MN: higher priced homes
- 55720, MN: equally priced homes
- 55736, MN: less expensive homes
- 55733, MN: higher priced homes
- 55810, MN: higher priced homes
- 55811, MN: higher priced homes
- 55807, MN: less expensive homes
- 55806, MN: less expensive homes
- 55803, MN: higher priced homes
Zip Codes with Similar Populations
- 48465, MI: less expensive homes
- 72851, AR: less expensive homes
- 72412, AR: equally priced homes
- 71847, AR: less expensive homes
- 58463, ND: less expensive homes
- 57471, SD: less expensive homes
- 56667, MN: higher priced homes
- 56214, MN: less expensive homes
- 56167, MN: less expensive homes
- 51571, IA: higher priced homes
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