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These days, finding an affordable place to live in the 55783 area can be challenging. Home prices in 55783 are now at a median cost of $268,625, lower than the Minnesota average of $345,793.
The average cost of rent is $1,284/mo in 55783, primarily driven by the current value of real estate in the 55783 area. In 55783, 12.47% of households rent, and 45.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55783 is $6,684 per month. Households that rent pay about 19.21% of their income on rent here. 55783’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 55767, MN: less expensive homes
- 55795, MN: less expensive homes
- 55756, MN: less expensive homes
- 55712, MN: less expensive homes
- 55735, MN: equally priced homes
- 55749, MN: less expensive homes
- 56350, MN: less expensive homes
- 54836, WI: less expensive homes
- 56431, MN: equally priced homes
- 56450, MN: less expensive homes
Zip Codes with Similar Populations
- 15938, PA: less expensive homes
- 15955, PA: less expensive homes
- 22578, VA: higher priced homes
- 24216, VA: less expensive homes
- 26542, WV: less expensive homes
- 35233, AL: higher priced homes
- 37018, TN: less expensive homes
- 37902, TN: higher priced homes
- 38317, TN: less expensive homes
- 13040, NY: less expensive homes
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