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Affordable
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These days, finding an affordable place to live in the 55766 area can be challenging. Home prices in 55766 are now at a median cost of $190,000, lower than the Minnesota average of $345,793.
The average cost of rent is $1,013/mo in 55766, primarily driven by the current value of real estate in the 55766 area. In 55766, 5.13% of households rent, and 50.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55766 is $6,615 per month. Households that rent pay about 15.31% of their income on rent here. 55766’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern 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
- 55724, MN: higher priced homes
- 55763, MN: higher priced homes
- 55738, MN: equally priced homes
- 55602, MN: higher priced homes
- 55753, MN: less expensive homes
- 55742, MN: higher priced homes
- 55775, MN: higher priced homes
- 55793, MN: higher priced homes
- 55716, MN: equally priced homes
- 55764, MN: less expensive homes
Zip Codes with Similar Populations
- 01937, MA: higher priced homes
- 99832, AK: higher priced homes
- 99730, AK: less expensive homes
- 99726, AK: less expensive homes
- 99691, AK: less expensive homes
- 99667, AK: equally priced homes
- 99665, AK: less expensive homes
- 99580, AK: less expensive homes
- 07846, NJ: higher priced homes
- 07833, NJ: higher priced homes
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