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These days, finding an affordable place to live in the 55957 area can be challenging. Home prices in 55957 are now at a median cost of $305,372, lower than the Minnesota average of $345,793.
The average cost of rent is $830/mo in 55957, primarily driven by the current value of real estate in the 55957 area. In 55957, 13.52% of households rent, and 43.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55957 is $6,812 per month. Households that rent pay about 12.19% of their income on rent here. 55957’s most expensive areas are in the northern 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
- 55991, MN: higher priced homes
- 55932, MN: equally priced homes
- 55964, MN: less expensive homes
- 55956, MN: equally priced homes
- 55945, MN: equally priced homes
- 55960, MN: higher priced homes
- 55981, MN: less expensive homes
- 55963, MN: higher priced homes
- 55992, MN: equally priced homes
- 55910, MN: equally priced homes
Zip Codes with Similar Populations
- 62268, IL: less expensive homes
- 56014, MN: less expensive homes
- 56052, MN: higher priced homes
- 56129, MN: less expensive homes
- 56221, MN: less expensive homes
- 57440, SD: less expensive homes
- 60549, IL: equally priced homes
- 61260, IL: less expensive homes
- 61437, IL: less expensive homes
- 55926, MN: less expensive homes
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