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These days, finding an affordable place to live in the 55924 area can be challenging. Home prices in 55924 are now at a median cost of $277,119, lower than the Minnesota average of $345,793.
The average cost of rent is $1,286/mo in 55924, primarily driven by the current value of real estate in the 55924 area. In 55924, 10.60% of households rent, and 39.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55924 is $7,476 per month. Households that rent pay about 17.21% of their income on rent here. 55924’s most expensive areas are in the western regions, while the cheapest areas are in the southern 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
- 55927, MN: less expensive homes
- 55985, MN: equally priced homes
- 55060, MN: equally priced homes
- 55944, MN: equally priced homes
- 55955, MN: higher priced homes
- 56046, MN: equally priced homes
- 55049, MN: equally priced homes
- 55920, MN: higher priced homes
- 55963, MN: higher priced homes
- 56093, MN: less expensive homes
Zip Codes with Similar Populations
- 53550, WI: less expensive homes
- 68956, NE: less expensive homes
- 68178, NE: equally priced homes
- 63939, MO: less expensive homes
- 63561, MO: less expensive homes
- 63071, MO: less expensive homes
- 61569, IL: less expensive homes
- 61230, IL: less expensive homes
- 58495, ND: less expensive homes
- 54932, WI: equally priced homes
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