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These days, finding an affordable place to live in the 55959 area can be challenging. Home prices in 55959 are now at a median cost of $254,616, lower than the Minnesota average of $345,793.
The average cost of rent is $835/mo in 55959, primarily driven by the current value of real estate in the 55959 area. In 55959, 25.47% of households rent, and 43.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55959 is $6,046 per month. Households that rent pay about 13.81% of their income on rent here. 55959’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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
- 55969, MN: higher priced homes
- 54629, WI: less expensive homes
- 55987, MN: less expensive homes
- 55952, MN: equally priced homes
- 55910, MN: higher priced homes
- 54625, WI: less expensive homes
- 55979, MN: equally priced homes
- 54661, WI: equally priced homes
- 55972, MN: higher priced homes
- 54630, WI: equally priced homes
Zip Codes with Similar Populations
- 68978, NE: less expensive homes
- 43002, OH: higher priced homes
- 01351, MA: higher priced homes
- 46539, IN: less expensive homes
- 49051, MI: less expensive homes
- 52159, IA: less expensive homes
- 54562, WI: higher priced homes
- 54770, WI: equally priced homes
- 60424, IL: less expensive homes
- 64469, MO: less expensive homes
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