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These days, finding an affordable place to live in the 55946 area can be challenging. Home prices in 55946 are now at a median cost of $270,670, lower than the Minnesota average of $345,793.
The average cost of rent is $940/mo in 55946, primarily driven by the current value of real estate in the 55946 area. In 55946, 11.84% of households rent, and 41.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55946 is $7,304 per month. Households that rent pay about 12.87% of their income on rent here. 55946’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 55053, MN: higher priced homes
- 55985, MN: equally priced homes
- 55983, MN: equally priced homes
- 55992, MN: equally priced homes
- 55021, MN: equally priced homes
- 55049, MN: equally priced homes
- 55963, MN: higher priced homes
- 55087, MN: higher priced homes
- 55956, MN: higher priced homes
- 55052, MN: equally priced homes
Zip Codes with Similar Populations
- 22737, VA: higher priced homes
- 75446, TX: equally priced homes
- 27311, NC: less expensive homes
- 71068, LA: less expensive homes
- 95458, CA: equally priced homes
- 01506, MA: higher priced homes
- 74571, OK: less expensive homes
- 37180, TN: higher priced homes
- 28654, NC: less expensive homes
- 15672, PA: equally priced homes
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