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These days, finding an affordable place to live in the 55983 area can be challenging. Home prices in 55983 are now at a median cost of $215,090, lower than the Minnesota average of $269,934.
The average cost of rent is $642/mo in 55983, primarily driven by the current value of real estate in the 55983 area. While nearly 36.18% of residents own their homes outright in 55983, 22.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in 55983 is $5,658 per month. Households that rent pay about 11.34% of their income on rent here. 55983's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 55992, MN: equally priced homes
- 55946, MN: equally priced homes
- 55963, MN: higher priced homes
- 55985, MN: equally priced homes
- 55956, MN: higher priced homes
- 55053, MN: higher priced homes
- 55960, MN: higher priced homes
- 55991, MN: higher priced homes
- 55021, MN: equally priced homes
- 55049, MN: equally priced homes
Zip Codes with Similar Populations
- 48861, MI: less expensive homes
- 62338, IL: less expensive homes
- 60948, IL: equally priced homes
- 56655, MN: higher priced homes
- 54659, WI: less expensive homes
- 54610, WI: less expensive homes
- 52216, IA: less expensive homes
- 52041, IA: less expensive homes
- 49759, MI: less expensive homes
- 49640, MI: higher priced homes
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