How much is a home worth in ZIP code 55104?

The typical home in 55104 is worth $306,472, based on the Zillow Home Value Index.

Are home values rising in 55104?

Home values in 55104 are down 0.8% over the past year, and up 1.3% a year over five years.

What is the typical rent in 55104?

A typical home in 55104 rents for about $1,460 a month, a gross rental yield of 5.7%.

What is the property tax rate in 55104?

The effective property tax rate in 55104 is 1.3% — roughly $3,872 a year on a typical home.

ZIP code 55104 has a population of 45,762 and a median household income of $75,712.

HousingHandbookReference data

…

U.S. ZIP Code · MN55104

Ramsey County · Minneapolis-St. Paul-Bloomington, MN-WI

Typical home value

$306,472^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.8%
5-year / yr: +1.3%
10-year / yr: +4.3%

Relative price

vs U.S.: +7.9%
vs metro: -19.8%
vs state: +2.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 55104 is worth $306,472 — 19.8% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have fallen 0.8%. Homes here rent for a typical $1,460 a month — a 5.7% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,460^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.3%^[3]
Typical annual tax: $3,872^[3]

#Climate risk

FEMA National Risk Index ratings for Ramsey County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 45,762^[3]
Median household income: $75,712^[3]

#Migration

Household moves in and out of Ramsey County over a year, from IRS tax-return data.

Net migration: -1,556^[5]
Moved in: 19,850
Moved out: 21,406

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 21
Elementary: 7
Middle: 1
High: 11

CENTRAL SENIOR HIGH
High · Grades 9–12 · Saint Paul Public Schools
1,574 students
HGA Elementary
Elementary · Grades K–5 · HIGHER GROUND ACADEMY
527 students
JJ HILL MONTESSORI
Elementary · Grades PK–5 · Saint Paul Public Schools
342 students
MAXFIELD ELEMENTARY SCHOOL
Elementary · Grades PK–5 · Saint Paul Public Schools
336 students
HAMLINE ELEMENTARY SCHOOL
Elementary · Grades PK–5 · Saint Paul Public Schools
294 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$17,516

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,550

Loan principal$245,177

Down payment$61,294

Total interest paid$312,710

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.46

Monthly cost to own$2,127

Monthly rent$1,460

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 6th percentile^[1]
Rental yield: 65th percentile^[2]
Property tax: 92nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

10th for most populous in MNView list →

Frequently asked

How much is a home worth in ZIP code 55104?: The typical home in 55104 is worth $306,472, based on the Zillow Home Value Index.
Are home values rising in 55104?: Home values in 55104 are down 0.8% over the past year, and up 1.3% a year over five years.
What is the typical rent in 55104?: A typical home in 55104 rents for about $1,460 a month, a gross rental yield of 5.7%.
What is the property tax rate in 55104?: The effective property tax rate in 55104 is 1.3% — roughly $3,872 a year on a typical home.
Who lives in 55104?: ZIP code 55104 has a population of 45,762 and a median household income of $75,712.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

54723 vs 55104 →
Bay City, WI
Typical home
$307,485
Gross yield
—
55401 vs 55104 →
Minneapolis, MN
Typical home
$307,991
Gross yield
7.5%
56058
Le Sueur, MN
Typical home
$304,774
Gross yield
—
55119
Maplewood, MN
Typical home
$303,509
Gross yield
5.3%
55421
Columbia Heights, MN
Typical home
$303,361
Gross yield
5.8%
55429
Brooklyn Center, MN
Typical home
$302,358
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN55104

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