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These days, finding an affordable place to live in the 55918 area can be challenging. Home prices in 55918 are now at a median cost of $146,899, lower than the Minnesota average of $269,934.
The average cost of rent is $687/mo in 55918, primarily driven by the current value of real estate in the 55918 area. While nearly 43.72% of residents own their homes outright in 55918, 10.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55918 is $6,026 per month. Households that rent pay about 11.40% of their income on rent here. 55918's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 55950, MN: higher priced homes
- 55982, MN: higher priced homes
- 55973, MN: higher priced homes
- 55926, MN: higher priced homes
- 55912, MN: equally priced homes
- 55933, MN: higher priced homes
- 55940, MN: higher priced homes
- 55917, MN: higher priced homes
- 55936, MN: higher priced homes
- 56045, MN: higher priced homes
Zip Codes with Similar Populations
- 85606, AZ: equally priced homes
- 23022, VA: higher priced homes
- 23169, VA: higher priced homes
- 23395, VA: higher priced homes
- 23436, VA: higher priced homes
- 24076, VA: less expensive homes
- 25035, WV: less expensive homes
- 25235, WV: less expensive homes
- 34216, FL: higher priced homes
- 50625, IA: less expensive homes
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