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These days, finding an affordable place to live in the 55757 area can be challenging. Home prices in 55757 are now at a median cost of $222,952, lower than the Minnesota average of $345,793.
The average cost of rent is $970/mo in 55757, primarily driven by the current value of real estate in the 55757 area. In 55757, 13.64% of households rent, and 40.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55757 is $5,664 per month. Households that rent pay about 17.13% of their income on rent here. 55757’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 55767, MN: equally priced homes
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- 55760, MN: higher priced homes
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- 55718, MN: higher priced homes
- 55797, MN: equally priced homes
Zip Codes with Similar Populations
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