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These days, finding an affordable place to live in the 55927 area can be challenging. Home prices in 55927 are now at a median cost of $244,527, lower than the Minnesota average of $345,793.
The average cost of rent is $1,027/mo in 55927, primarily driven by the current value of real estate in the 55927 area. In 55927, 15.99% of households rent, and 38.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55927 is $8,384 per month. Households that rent pay about 12.25% of their income on rent here. 55927’s most expensive areas are in the northeastern 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
- 55944, MN: higher priced homes
- 55955, MN: higher priced homes
- 55924, MN: higher priced homes
- 55985, MN: higher priced homes
- 55920, MN: higher priced homes
- 55963, MN: higher priced homes
- 55901, MN: higher priced homes
- 55060, MN: equally priced homes
- 55960, MN: higher priced homes
- 55902, MN: higher priced homes
Zip Codes with Similar Populations
- 03741, NH: equally priced homes
- 06420, CT: higher priced homes
- 44065, OH: higher priced homes
- 35131, AL: less expensive homes
- 05255, VT: higher priced homes
- 59072, MT: equally priced homes
- 54940, WI: higher priced homes
- 54448, WI: equally priced homes
- 49920, MI: less expensive homes
- 46543, IN: higher priced homes
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