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These days, finding an affordable place to live in the 55939 area can be challenging. Home prices in 55939 are now at a median cost of $202,236, lower than the Minnesota average of $345,793.
The average cost of rent is $695/mo in 55939, primarily driven by the current value of real estate in the 55939 area. In 55939, 14.59% of households rent, and 45.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55939 is $5,908 per month. Households that rent pay about 11.76% of their income on rent here. 55939’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 55922, MN: less expensive homes
- 55965, MN: higher priced homes
- 55954, MN: less expensive homes
- 52155, IA: less expensive homes
- 52134, IA: less expensive homes
- 55975, MN: higher priced homes
- 55974, MN: equally priced homes
- 55961, MN: equally priced homes
- 55951, MN: equally priced homes
- 52140, IA: higher priced homes
Zip Codes with Similar Populations
- 88256, NM: equally priced homes
- 28747, NC: higher priced homes
- 05660, VT: higher priced homes
- 31565, GA: higher priced homes
- 32694, FL: less expensive homes
- 35078, AL: equally priced homes
- 35089, AL: less expensive homes
- 97538, OR: higher priced homes
- 93545, CA: higher priced homes
- 11930, NY: higher priced homes
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