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These days, finding an affordable place to live in the 55787 area can be challenging. Home prices in 55787 are now at a median cost of $182,740, lower than the Minnesota average of $269,934.
The average cost of rent is $867/mo in 55787, primarily driven by the current value of real estate in the 55787 area. While nearly 49.02% of residents own their homes outright in 55787, 16.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55787 is $4,897 per month. Households that rent pay about 17.71% of their income on rent here. 55787's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 55798, MN: equally priced homes
- 55760, MN: equally priced homes
- 55726, MN: equally priced homes
- 55757, MN: equally priced homes
- 56469, MN: equally priced homes
- 55780, MN: higher priced homes
- 55707, MN: higher priced homes
- 55718, MN: higher priced homes
- 55720, MN: equally priced homes
- 55797, MN: equally priced homes
Zip Codes with Similar Populations
- 95728, CA: higher priced homes
- 51061, IA: less expensive homes
- 51333, IA: less expensive homes
- 51536, IA: less expensive homes
- 98538, WA: higher priced homes
- 97839, OR: higher priced homes
- 96090, CA: higher priced homes
- 96065, CA: higher priced homes
- 95950, CA: higher priced homes
- 51033, IA: less expensive homes
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