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These days, finding an affordable place to live in the 55975 area can be challenging. Home prices in 55975 are now at a median cost of $166,752, lower than the Minnesota average of $269,934.
The average cost of rent is $867/mo in 55975, primarily driven by the current value of real estate in the 55975 area. While nearly 45.03% of residents own their homes outright in 55975, 17.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55975 is $5,765 per month. Households that rent pay about 15.04% of their income on rent here. 55975's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 55961, MN: equally priced homes
- 55990, MN: equally priced homes
- 55967, MN: higher priced homes
- 55936, MN: higher priced homes
- 55951, MN: less expensive homes
- 55935, MN: higher priced homes
- 55965, MN: equally priced homes
- 55977, MN: higher priced homes
- 55933, MN: equally priced homes
- 55926, MN: equally priced homes
Zip Codes with Similar Populations
- 70030, LA: higher priced homes
- 81328, CO: higher priced homes
- 32612, FL: higher priced homes
- 61745, IL: higher priced homes
- 61880, IL: equally priced homes
- 61883, IL: less expensive homes
- 67654, KS: less expensive homes
- 18255, PA: less expensive homes
- 17364, PA: higher priced homes
- 16424, PA: less expensive homes
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