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These days, finding an affordable place to live in the 55798 area can be challenging. Home prices in 55798 are now at a median cost of $237,284, lower than the Minnesota average of $345,793.
The average cost of rent is $605/mo in 55798, primarily driven by the current value of real estate in the 55798 area. In 55798, 18.97% of households rent, and 37.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55798 is $6,294 per month. Households that rent pay about 9.62% of their income on rent here. 55798’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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
- 55787, MN: equally priced homes
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- 55760, MN: equally priced homes
- 55707, MN: higher priced homes
- 55720, MN: equally priced homes
- 55718, MN: higher priced homes
- 56469, MN: equally priced homes
- 55733, MN: higher priced homes
Zip Codes with Similar Populations
- 47551, IN: less expensive homes
- 77977, TX: less expensive homes
- 76519, TX: equally priced homes
- 56216, MN: less expensive homes
- 55605, MN: equally priced homes
- 53537, WI: equally priced homes
- 53526, WI: equally priced homes
- 52635, IA: less expensive homes
- 51532, IA: less expensive homes
- 51364, IA: higher priced homes
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