Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 55962 area can be challenging. Home prices in 55962 are now at a median cost of $247,067, lower than the Minnesota average of $269,934.
The average cost of rent is $730/mo in 55962, primarily driven by the current value of real estate in the 55962 area. While nearly 43.76% of residents own their homes outright in 55962, 9.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55962 is $5,795 per month. Households that rent pay about 12.59% of their income on rent here. 55962's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55971, MN: less expensive homes
- 55949, MN: less expensive homes
- 55943, MN: less expensive homes
- 55935, MN: less expensive homes
- 55965, MN: less expensive homes
- 55923, MN: equally priced homes
- 55921, MN: less expensive homes
- 55990, MN: less expensive homes
- 55941, MN: less expensive homes
- 55947, MN: equally priced homes
Zip Codes with Similar Populations
- 18471, PA: higher priced homes
- 54102, WI: less expensive homes
- 80420, CO: higher priced homes
- 25981, WV: less expensive homes
- 81525, CO: higher priced homes
- 81643, CO: higher priced homes
- 78833, TX: less expensive homes
- 56230, MN: less expensive homes
- 47116, IN: less expensive homes
- 97436, OR: equally priced homes
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