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These days, finding an affordable place to live in the 55763 area can be challenging. Home prices in 55763 are now at a median cost of $222,886, lower than the Minnesota average of $345,793.
The average cost of rent is $945/mo in 55763, primarily driven by the current value of real estate in the 55763 area. In 55763, 6.49% of households rent, and 48.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55763 is $6,556 per month. Households that rent pay about 14.41% of their income on rent here. 55763’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern 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
- 55766, MN: less expensive homes
- 55705, MN: less expensive homes
- 55741, MN: less expensive homes
- 55734, MN: less expensive homes
- 55738, MN: less expensive homes
- 55751, MN: equally priced homes
- 55602, MN: equally priced homes
- 55768, MN: equally priced homes
- 55713, MN: less expensive homes
- 55746, MN: less expensive homes
Zip Codes with Similar Populations
- 04781, ME: less expensive homes
- 68335, NE: less expensive homes
- 63430, MO: less expensive homes
- 64497, MO: equally priced homes
- 64641, MO: less expensive homes
- 64728, MO: less expensive homes
- 65627, MO: less expensive homes
- 66010, KS: less expensive homes
- 66404, KS: higher priced homes
- 66833, KS: less expensive homes
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