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These days, finding an affordable place to live in the 55982 area can be challenging. Home prices in 55982 are now at a median cost of $308,735, lower than the Minnesota average of $345,793.
The average cost of rent is $1,123/mo in 55982, primarily driven by the current value of real estate in the 55982 area. In 55982, 4.97% of households rent, and 52.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 55982 is $8,436 per month. Households that rent pay about 13.31% of their income on rent here. 55982’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 55918, MN: less expensive homes
- 55973, MN: less expensive homes
- 55940, MN: less expensive homes
- 55950, MN: less expensive homes
- 55917, MN: less expensive homes
- 55926, MN: less expensive homes
- 56045, MN: less expensive homes
- 55936, MN: less expensive homes
- 56035, MN: less expensive homes
- 55967, MN: equally priced homes
Zip Codes with Similar Populations
- 70541, LA: less expensive homes
- 51062, IA: equally priced homes
- 51230, IA: less expensive homes
- 51540, IA: less expensive homes
- 52580, IA: less expensive homes
- 54515, WI: less expensive homes
- 56245, MN: less expensive homes
- 68792, NE: less expensive homes
- 69023, NE: less expensive homes
- 70465, LA: less expensive homes
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