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These days, finding an affordable place to live in the 55780 area can be challenging. Home prices in 55780 are now at a median cost of $233,684, lower than the Minnesota average of $345,793.
The average cost of rent is $437/mo in 55780, primarily driven by the current value of real estate in the 55780 area. In 55780, 19.22% of households rent, and 47.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55780 is $6,452 per month. Households that rent pay about 6.77% of their income on rent here. 55780’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 55726, MN: equally priced homes
- 55707, MN: higher priced homes
- 55718, MN: higher priced homes
- 55720, MN: equally priced homes
- 55798, MN: equally priced homes
- 55797, MN: equally priced homes
- 55733, MN: higher priced homes
- 55757, MN: equally priced homes
- 55810, MN: higher priced homes
- 55787, MN: higher priced homes
Zip Codes with Similar Populations
- 04063, ME: higher priced homes
- 04415, ME: less expensive homes
- 06263, CT: higher priced homes
- 08072, NJ: equally priced homes
- 08348, NJ: equally priced homes
- 12174, NY: equally priced homes
- 68936, NE: less expensive homes
- 72431, AR: less expensive homes
- 72426, AR: less expensive homes
- 72139, AR: less expensive homes
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