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These days, finding an affordable place to live in the 55742 area can be challenging. Home prices in 55742 are now at a median cost of $169,181, lower than the Minnesota average of $269,934.
The average cost of rent is $614/mo in 55742, primarily driven by the current value of real estate in the 55742 area. While nearly 36.95% of residents own their homes outright in 55742, 8.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55742 is $5,078 per month. Households that rent pay about 12.09% of their income on rent here. 55742's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 55793, MN: equally priced homes
- 55784, MN: higher priced homes
- 55722, MN: less expensive homes
- 55744, MN: higher priced homes
- 55765, MN: less expensive homes
- 55721, MN: higher priced homes
- 55748, MN: equally priced homes
- 55724, MN: equally priced homes
- 55717, MN: higher priced homes
- 55766, MN: less expensive homes
Zip Codes with Similar Populations
- 68623, NE: less expensive homes
- 61321, IL: less expensive homes
- 61431, IL: less expensive homes
- 63782, MO: less expensive homes
- 64101, MO: higher priced homes
- 64165, MO: higher priced homes
- 64422, MO: less expensive homes
- 64445, MO: less expensive homes
- 64457, MO: less expensive homes
- 65232, MO: less expensive homes
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