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These days, finding an affordable place to live in the 55932 area can be challenging. Home prices in 55932 are now at a median cost of $319,414, lower than the Minnesota average of $345,793.
The average cost of rent is $880/mo in 55932, primarily driven by the current value of real estate in the 55932 area. In 55932, 14.42% of households rent, and 37.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55932 is $8,374 per month. Households that rent pay about 10.51% of their income on rent here. 55932’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 55964, MN: less expensive homes
- 55957, MN: equally priced homes
- 55906, MN: higher priced homes
- 55991, MN: higher priced homes
- 55901, MN: equally priced homes
- 55960, MN: higher priced homes
- 55945, MN: less expensive homes
- 55910, MN: equally priced homes
- 55956, MN: equally priced homes
- 55963, MN: higher priced homes
Zip Codes with Similar Populations
- 74028, OK: less expensive homes
- 38220, TN: less expensive homes
- 38334, TN: less expensive homes
- 39478, MS: less expensive homes
- 45684, OH: less expensive homes
- 62087, IL: less expensive homes
- 62245, IL: less expensive homes
- 65326, MO: less expensive homes
- 68045, NE: less expensive homes
- 08311, NJ: less expensive homes
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