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These days, finding an affordable place to live in the 55768 area can be challenging. Home prices in 55768 are now at a median cost of $218,576, lower than the Minnesota average of $345,793.
The average cost of rent is $794/mo in 55768, primarily driven by the current value of real estate in the 55768 area. In 55768, 27.37% of households rent, and 42.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55768 is $6,588 per month. Households that rent pay about 12.05% of their income on rent here. 55768’s most expensive areas are in the southeastern 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
- 55758, MN: equally priced homes
- 55792, MN: less expensive homes
- 55751, MN: equally priced homes
- 55734, MN: less expensive homes
- 55713, MN: less expensive homes
- 55741, MN: less expensive homes
- 55719, MN: less expensive homes
- 55738, MN: less expensive homes
- 55708, MN: less expensive homes
- 55746, MN: less expensive homes
Zip Codes with Similar Populations
- 37762, TN: less expensive homes
- 98862, WA: higher priced homes
- 93430, CA: higher priced homes
- 85346, AZ: less expensive homes
- 70450, LA: equally priced homes
- 68069, NE: higher priced homes
- 66414, KS: less expensive homes
- 62822, IL: less expensive homes
- 54228, WI: equally priced homes
- 31560, GA: less expensive homes
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