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These days, finding an affordable place to live in the 55808 area can be challenging. Home prices in 55808 are now at a median cost of $152,659, lower than the Minnesota average of $345,793.
The average cost of rent is $961/mo in 55808, primarily driven by the current value of real estate in the 55808 area. In 55808, 28.19% of households rent, and 42.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55808 is $5,271 per month. Households that rent pay about 18.23% of their income on rent here. 55808’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 55807, MN: higher priced homes
- 55810, MN: higher priced homes
- 54880, WI: higher priced homes
- 55733, MN: higher priced homes
- 55806, MN: higher priced homes
- 55802, MN: higher priced homes
- 55797, MN: higher priced homes
- 55805, MN: higher priced homes
- 55718, MN: higher priced homes
- 55720, MN: higher priced homes
Zip Codes with Similar Populations
- 42347, KY: less expensive homes
- 17976, PA: less expensive homes
- 18011, PA: higher priced homes
- 18810, PA: higher priced homes
- 19025, PA: higher priced homes
- 19066, PA: higher priced homes
- 19074, PA: higher priced homes
- 19520, PA: higher priced homes
- 20685, MD: higher priced homes
- 21152, MD: higher priced homes
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