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These days, finding an affordable place to live in the 55979 area can be challenging. Home prices in 55979 are now at a median cost of $206,654, lower than the Minnesota average of $269,934.
The average cost of rent is $870/mo in 55979, primarily driven by the current value of real estate in the 55979 area. While nearly 33.52% of residents own their homes outright in 55979, 20.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55979 is $7,185 per month. Households that rent pay about 12.11% of their income on rent here. 55979's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 55952, MN: equally priced homes
- 55972, MN: equally priced homes
- 55929, MN: higher priced homes
- 55969, MN: equally priced homes
- 55923, MN: higher priced homes
- 55971, MN: less expensive homes
- 55959, MN: equally priced homes
- 55934, MN: higher priced homes
- 55987, MN: equally priced homes
- 55904, MN: equally priced homes
Zip Codes with Similar Populations
- 03854, NH: higher priced homes
- 04739, ME: less expensive homes
- 04912, ME: less expensive homes
- 04961, ME: less expensive homes
- 05158, VT: less expensive homes
- 05654, VT: equally priced homes
- 08019, NJ: higher priced homes
- 11957, NY: higher priced homes
- 12151, NY: higher priced homes
- 12409, NY: higher priced homes
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