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These days, finding an affordable place to live in the 55804 area can be challenging. Home prices in 55804 are now at a median cost of $317,437, lower than the Minnesota average of $345,793.
The average cost of rent is $2,034/mo in 55804, primarily driven by the current value of real estate in the 55804 area. In 55804, 12.83% of households rent, and 33.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55804 is $9,651 per month. Households that rent pay about 21.08% of their income on rent here. 55804’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 55812, MN: equally priced homes
- 55803, MN: equally priced homes
- 55805, MN: less expensive homes
- 55802, MN: higher priced homes
- 55806, MN: less expensive homes
- 55811, MN: equally priced homes
- 55807, MN: less expensive homes
- 55609, MN: higher priced homes
- 55810, MN: less expensive homes
- 55779, MN: equally priced homes
Zip Codes with Similar Populations
- 02189, MA: higher priced homes
- 02382, MA: higher priced homes
- 03824, NH: higher priced homes
- 06070, CT: higher priced homes
- 16648, PA: less expensive homes
- 15009, PA: less expensive homes
- 10965, NY: higher priced homes
- 13413, NY: less expensive homes
- 13219, NY: less expensive homes
- 62294, IL: equally priced homes
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