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These days, finding an affordable place to live in the 55741 area can be challenging. Home prices in 55741 are now at a median cost of $151,698, lower than the Minnesota average of $269,934.
The average cost of rent is $602/mo in 55741, primarily driven by the current value of real estate in the 55741 area. While nearly 52.04% of residents own their homes outright in 55741, 14.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55741 is $4,698 per month. Households that rent pay about 12.81% of their income on rent here. 55741's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55708, MN: less expensive homes
- 55734, MN: equally priced homes
- 55792, MN: less expensive homes
- 55705, MN: less expensive homes
- 55768, MN: equally priced homes
- 55751, MN: equally priced homes
- 55763, MN: higher priced homes
- 55750, MN: less expensive homes
- 55758, MN: higher priced homes
- 55738, MN: less expensive homes
Zip Codes with Similar Populations
- 99688, AK: higher priced homes
- 67579, KS: less expensive homes
- 68620, NE: higher priced homes
- 57025, SD: higher priced homes
- 70079, LA: higher priced homes
- 54725, WI: equally priced homes
- 05033, VT: higher priced homes
- 81132, CO: higher priced homes
- 88232, NM: less expensive homes
- 37134, TN: less expensive homes
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