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These days, finding an affordable place to live in the 55744 area can be challenging. Home prices in 55744 are now at a median cost of $252,271, lower than the Minnesota average of $345,793.
The average cost of rent is $1,051/mo in 55744, primarily driven by the current value of real estate in the 55744 area. In 55744, 23.90% of households rent, and 44.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55744 is $5,904 per month. Households that rent pay about 17.80% of their income on rent here. 55744’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 55721, MN: higher priced homes
- 55722, MN: less expensive homes
- 55786, MN: less expensive homes
- 55709, MN: less expensive homes
- 55764, MN: less expensive homes
- 55716, MN: less expensive homes
- 55793, MN: equally priced homes
- 55775, MN: less expensive homes
- 55742, MN: equally priced homes
- 56636, MN: less expensive homes
Zip Codes with Similar Populations
- 72002, AR: equally priced homes
- 38242, TN: less expensive homes
- 40059, KY: higher priced homes
- 40206, KY: higher priced homes
- 01749, MA: higher priced homes
- 44104, OH: less expensive homes
- 46240, IN: higher priced homes
- 47265, IN: less expensive homes
- 48393, MI: higher priced homes
- 53022, WI: higher priced homes
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