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These days, finding an affordable place to live in the 55796 area can be challenging. Home prices in 55796 are now at a median cost of $271,700, lower than the Minnesota average of $345,793.
The average cost of rent is $933/mo in 55796, primarily driven by the current value of real estate in the 55796 area. In 55796, 12.18% of households rent, and 50.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55796 is $6,307 per month. Households that rent pay about 14.79% of their income on rent here. 55796’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 55731, MN: less expensive homes
- 55782, MN: less expensive homes
- 55790, MN: higher priced homes
- 55723, MN: equally priced homes
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- 55772, MN: less expensive homes
- 55604, MN: higher priced homes
- 56639, MN: less expensive homes
- 55606, MN: equally priced homes
- 55605, MN: equally priced homes
Zip Codes with Similar Populations
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