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These days, finding an affordable place to live in the 55720 area can be challenging. Home prices in 55720 are now at a median cost of $171,500, lower than the Minnesota average of $269,934.
The average cost of rent is $850/mo in 55720, primarily driven by the current value of real estate in the 55720 area. While nearly 38.82% of residents own their homes outright in 55720, 26.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55720 is $4,978 per month. Households that rent pay about 17.08% of their income on rent here. 55720's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55733, MN: higher priced homes
- 55718, MN: higher priced homes
- 55780, MN: higher priced homes
- 55810, MN: higher priced homes
- 55779, MN: higher priced homes
- 55808, MN: less expensive homes
- 55711, MN: equally priced homes
- 55807, MN: less expensive homes
- 55811, MN: higher priced homes
- 55806, MN: less expensive homes
Zip Codes with Similar Populations
- 73114, OK: less expensive homes
- 30360, GA: higher priced homes
- 30517, GA: higher priced homes
- 31217, GA: less expensive homes
- 32091, FL: less expensive homes
- 32310, FL: less expensive homes
- 64127, MO: less expensive homes
- 67042, KS: less expensive homes
- 70447, LA: higher priced homes
- 70535, LA: equally priced homes
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