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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 $206,800, lower than the Minnesota average of $269,934.
The average cost of rent is $845/mo in 55796, primarily driven by the current value of real estate in the 55796 area. While nearly 53.96% of residents own their homes outright in 55796, 12.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55796 is $5,429 per month. Households that rent pay about 15.56% of their income on rent here. 55796's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55731, MN: equally priced homes
- 55782, MN: less expensive homes
- 55790, MN: higher priced homes
- 55723, MN: higher priced homes
- 55771, MN: equally priced homes
- 55772, MN: less expensive homes
- 55604, MN: higher priced homes
- 56639, MN: less expensive homes
- 55606, MN: higher priced homes
- 55605, MN: higher priced homes
Zip Codes with Similar Populations
- 05907, VT: less expensive homes
- 96129, CA: higher priced homes
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- 99359, WA: higher priced homes
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- 99738, AK: less expensive homes
- 04733, ME: less expensive homes
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