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These days, finding an affordable place to live in the 55802 area can be challenging. Home prices in 55802 are now at a median cost of $732,871, higher than the Minnesota average of $345,793.
The average cost of rent is $916/mo in 55802, primarily driven by the current value of real estate in the 55802 area. In 55802, 70.52% of households rent, and 39.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55802 is $4,334 per month. Households that rent pay about 21.14% of their income on rent here. 55802’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 55806, MN: less expensive homes
- 55805, MN: less expensive homes
- 55812, MN: less expensive homes
- 55807, MN: less expensive homes
- 54880, WI: less expensive homes
- 55811, MN: less expensive homes
- 55804, MN: less expensive homes
- 55810, MN: less expensive homes
- 55803, MN: less expensive homes
- 55808, MN: less expensive homes
Zip Codes with Similar Populations
- 75486, TX: less expensive homes
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- 16442, PA: less expensive homes
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- 22620, VA: less expensive homes
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- 27831, NC: less expensive homes
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- 28670, NC: less expensive homes
- 33199, FL: less expensive homes
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