HousingHandbookReference data

U.S. ZIP Code · MN55117

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

Typical home value

$301,478[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.6%
5-year / yr
+2.8%
10-year / yr
+5.2%

Relative price

vs U.S.
+6.1%
vs metro
-21.1%
vs state
+1.3%
ZIP 55117 location in MN
Location of ZIP 55117 in MN

Price history

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

The typical home in 55117 is worth $301,478 — 21.1% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 1.6%. Homes here rent for a typical $1,368 a month — a 5.4% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

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

Monthly rent
$1,368[2]
Gross yield
5.4%[2]
Cap rate
3.3%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$3,389[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
44,697[3]
Median household income
$70,771[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
24
Elementary
13
Middle
4
High
5
  • COMO PARK SENIOR HIGH

    High · Grades 9–12 · Saint Paul Public Schools

    1,074 students

  • Washington Technology Senior High

    High · Grades 9–12 · Saint Paul Public Schools

    1,033 students

  • ROSEVILLE AREA MIDDLE

    Middle · Grades 6–8 · ROSEVILLE PUBLIC SCHOOL DISTRICT

    840 students

  • LITTLE CANADA ELEMENTARY

    Elementary · Grades K–6 · ROSEVILLE PUBLIC SCHOOL DISTRICT

    634 students

  • Mississippi Creative Arts Elem

    Elementary · Grades PK–5 · Saint Paul Public Schools

    555 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.

Gross yield5.4%
Net yield (after ~40% expenses)3.3%
Annual rent$16,421

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.

Monthly payment$1,524
Loan principal$241,182
Down payment$60,296
Total interest paid$307,615

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.

Own : rent ratio1.50
Monthly cost to own$2,057
Monthly rent$1,368

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
21st percentile[1]
Rental yield
56th percentile[2]
Property tax
76th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55117?
The typical home in 55117 is worth $301,478, based on the Zillow Home Value Index.
Are home values rising in 55117?
Home values in 55117 are up 1.6% over the past year, and up 2.8% a year over five years.
What is the typical rent in 55117?
A typical home in 55117 rents for about $1,368 a month, a gross rental yield of 5.4%.
What is the property tax rate in 55117?
The effective property tax rate in 55117 is 1.1% — roughly $3,389 a year on a typical home.
Who lives in 55117?
ZIP code 55117 has a population of 44,697 and a median household income of $70,771.

#Comparable ZIPs

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

  • Willernie, MN

    Typical home
    $301,959
    Gross yield
  • Brooklyn Center, MN

    Typical home
    $302,358
    Gross yield
  • South St. Paul, MN

    Typical home
    $300,357
    Gross yield
    5.9%
  • Columbia Heights, MN

    Typical home
    $303,361
    Gross yield
    5.8%
  • Maplewood, MN

    Typical home
    $303,509
    Gross yield
    5.3%
  • Wahkon, MN

    Typical home
    $298,951
    Gross yield

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