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These days, finding an affordable place to live in the 55971 area can be challenging. Home prices in 55971 are now at a median cost of $183,529, lower than the Minnesota average of $269,934.
The average cost of rent is $718/mo in 55971, primarily driven by the current value of real estate in the 55971 area. While nearly 42.94% of residents own their homes outright in 55971, 16.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55971 is $5,565 per month. Households that rent pay about 12.91% of their income on rent here. 55971's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 55962, MN: higher priced homes
- 55943, MN: higher priced homes
- 55952, MN: equally priced homes
- 55949, MN: equally priced homes
- 55979, MN: higher priced homes
- 55925, MN: higher priced homes
- 55972, MN: higher priced homes
- 55935, MN: equally priced homes
- 55941, MN: equally priced homes
- 55947, MN: higher priced homes
Zip Codes with Similar Populations
- 97734, OR: higher priced homes
- 03581, NH: less expensive homes
- 39631, MS: less expensive homes
- 39092, MS: less expensive homes
- 38449, TN: less expensive homes
- 30124, GA: less expensive homes
- 29168, SC: less expensive homes
- 24330, VA: less expensive homes
- 22728, VA: higher priced homes
- 21915, MD: higher priced homes
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