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These days, finding an affordable place to live in the 55807 area can be challenging. Home prices in 55807 are now at a median cost of $183,968, lower than the Minnesota average of $345,793.
The average cost of rent is $1,003/mo in 55807, primarily driven by the current value of real estate in the 55807 area. In 55807, 28.62% of households rent, and 35.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55807 is $5,586 per month. Households that rent pay about 17.96% of their income on rent here. 55807’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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: equally priced homes
- 55810, MN: higher priced homes
- 55802, MN: higher priced homes
- 55808, MN: less expensive homes
- 54880, WI: equally priced homes
- 55811, MN: higher priced homes
- 55805, MN: higher priced homes
- 55812, MN: higher priced homes
- 55733, MN: higher priced homes
- 55803, MN: higher priced homes
Zip Codes with Similar Populations
- 08106, NJ: higher priced homes
- 18954, PA: higher priced homes
- 78003, TX: higher priced homes
- 16507, PA: less expensive homes
- 15367, PA: higher priced homes
- 15208, PA: higher priced homes
- 14467, NY: higher priced homes
- 14001, NY: higher priced homes
- 11096, NY: higher priced homes
- 10930, NY: higher priced homes
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