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These days, finding an affordable place to live in the 55912 area can be challenging. Home prices in 55912 are now at a median cost of $138,309, lower than the Minnesota average of $269,934.
The average cost of rent is $953/mo in 55912, primarily driven by the current value of real estate in the 55912 area. While nearly 43.15% of residents own their homes outright in 55912, 24.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55912 is $5,228 per month. Households that rent pay about 18.23% of their income on rent here. 55912's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 55950, MN: higher priced homes
- 55918, MN: equally priced homes
- 55970, MN: higher priced homes
- 55953, MN: higher priced homes
- 56043, MN: equally priced homes
- 56045, MN: higher priced homes
- 55933, MN: higher priced homes
- 55926, MN: higher priced homes
- 55909, MN: higher priced homes
- 56036, MN: equally priced homes
Zip Codes with Similar Populations
- 29550, SC: equally priced homes
- 29673, SC: higher priced homes
- 30297, GA: less expensive homes
- 30501, GA: higher priced homes
- 33308, FL: higher priced homes
- 85742, AZ: higher priced homes
- 60516, IL: higher priced homes
- 60631, IL: higher priced homes
- 62221, IL: higher priced homes
- 64152, MO: higher priced homes
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