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These days, finding an affordable place to live in the 55949 area can be challenging. Home prices in 55949 are now at a median cost of $254,049, lower than the Minnesota average of $345,793.
The average cost of rent is $758/mo in 55949, primarily driven by the current value of real estate in the 55949 area. In 55949, 19.92% of households rent, and 45.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55949 is $6,916 per month. Households that rent pay about 10.96% of their income on rent here. 55949’s most expensive areas are in the eastern 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
- 55962, MN: higher priced homes
- 55965, MN: equally priced homes
- 55935, MN: higher priced homes
- 55971, MN: equally priced homes
- 55923, MN: higher priced homes
- 55990, MN: equally priced homes
- 55943, MN: equally priced homes
- 55975, MN: less expensive homes
- 55921, MN: less expensive homes
- 55961, MN: less expensive homes
Zip Codes with Similar Populations
- 27869, NC: less expensive homes
- 68979, NE: less expensive homes
- 71272, LA: less expensive homes
- 74740, OK: less expensive homes
- 74901, OK: less expensive homes
- 76859, TX: less expensive homes
- 62037, IL: less expensive homes
- 79546, TX: less expensive homes
- 38661, MS: less expensive homes
- 82513, WY: higher priced homes
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