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Affordable
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These days, finding an affordable place to live in the 55779 area can be challenging. Home prices in 55779 are now at a median cost of $298,697, lower than the Minnesota average of $345,793.
The average cost of rent is $1,632/mo in 55779, primarily driven by the current value of real estate in the 55779 area. In 55779, 14.43% of households rent, and 42.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55779 is $8,157 per month. Households that rent pay about 20.01% of their income on rent here. 55779’s most expensive areas are in the eastern 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
- 55702, MN: less expensive homes
- 55711, MN: less expensive homes
- 55720, MN: less expensive homes
- 55810, MN: less expensive homes
- 55733, MN: higher priced homes
- 55811, MN: higher priced homes
- 55803, MN: higher priced homes
- 55807, MN: less expensive homes
- 55806, MN: less expensive homes
- 55805, MN: less expensive homes
Zip Codes with Similar Populations
- 90704, CA: higher priced homes
- 33956, FL: higher priced homes
- 04474, ME: equally priced homes
- 97624, OR: less expensive homes
- 95249, CA: higher priced homes
- 80019, CO: higher priced homes
- 76374, TX: less expensive homes
- 73651, OK: less expensive homes
- 70656, LA: less expensive homes
- 46501, IN: less expensive homes
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