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These days, finding an affordable place to live in the 55805 area can be challenging. Home prices in 55805 are now at a median cost of $139,379, lower than the Minnesota average of $269,934.
The average cost of rent is $973/mo in 55805, primarily driven by the current value of real estate in the 55805 area. While nearly 32.50% of residents own their homes outright in 55805, 65.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55805 is $3,731 per month. Households that rent pay about 26.08% of their income on rent here. 55805's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55812, MN: higher priced homes
- 55806, MN: equally priced homes
- 55802, MN: higher priced homes
- 55811, MN: higher priced homes
- 55807, MN: equally priced homes
- 55804, MN: higher priced homes
- 55803, MN: higher priced homes
- 54880, WI: equally priced homes
- 55810, MN: higher priced homes
- 55808, MN: less expensive homes
Zip Codes with Similar Populations
- 02375, MA: higher priced homes
- 99026, WA: higher priced homes
- 92320, CA: higher priced homes
- 84319, UT: higher priced homes
- 82633, WY: higher priced homes
- 82240, WY: higher priced homes
- 81122, CO: higher priced homes
- 80615, CO: higher priced homes
- 79766, TX: higher priced homes
- 79070, TX: less expensive homes
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