HousingHandbookReference data

U.S. ZIP Code · MN55413

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

Typical home value

$327,301[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.0%
5-year / yr
+0.8%
10-year / yr
+4.5%

Relative price

vs U.S.
+15.2%
vs metro
-14.3%
vs state
+9.9%
ZIP 55413 location in MN
Location of ZIP 55413 in MN

Price history

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

The typical home in 55413 is worth $327,301 — 14.3% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 1.0%. Homes here rent for a typical $1,778 a month — a 6.5% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent
$1,778[2]
Gross yield
6.5%[2]
Cap rate
3.9%[2]

#Property tax

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

Effective tax rate
1.2%[3]
Typical annual tax
$4,064[3]

#Climate risk

FEMA National Risk Index ratings for Hennepin 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
Relatively Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Not Applicable
Tornado
Very High
Earthquake
Very Low
Winter weather
Very High

#Who lives here

Population
14,655[3]
Median household income
$85,282[3]

#Migration

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

Net migration
-2,269[5]
Moved in
38,182
Moved out
40,451

Schools

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

Public schools
11
Elementary
5
Middle
0
High
5
  • YINGHUA ACADEMY

    Elementary · Grades K–8 · YINGHUA ACADEMY

    838 students

  • Las Estrellas Elementary

    Elementary · Grades PK–5 · Minneapolis Public School District

    383 students

  • New City School

    Elementary · Grades K–8 · NEW CITY SCHOOL

    339 students

  • Northeast College Prep Charter Scho

    Elementary · Grades K–8 · Northeast College Prep

    274 students

  • Webster Elementary

    Elementary · Grades PK–5 · Minneapolis Public School District

    268 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 yield6.5%
Net yield (after ~40% expenses)3.9%
Annual rent$21,334

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$1,655
Loan principal$261,841
Down payment$65,460
Total interest paid$333,963

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 ratio1.27
Monthly cost to own$2,266
Monthly rent$1,778

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
5th percentile[1]
Rental yield
83rd percentile[2]
Property tax
91st percentile[3]

Frequently asked

How much is a home worth in ZIP code 55413?
The typical home in 55413 is worth $327,301, based on the Zillow Home Value Index.
Are home values rising in 55413?
Home values in 55413 are up 1.0% over the past year, and up 0.8% a year over five years.
What is the typical rent in 55413?
A typical home in 55413 rents for about $1,778 a month, a gross rental yield of 6.5%.
What is the property tax rate in 55413?
The effective property tax rate in 55413 is 1.2% — roughly $4,064 a year on a typical home.
Who lives in 55413?
ZIP code 55413 has a population of 14,655 and a median household income of $85,282.

#Comparable ZIPs

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

  • Cambridge, MN

    Typical home
    $327,775
    Gross yield
  • Milaca, MN

    Typical home
    $326,602
    Gross yield
  • Coon Rapids, MN

    Typical home
    $325,925
    Gross yield
    6.0%
  • Fridley, MN

    Typical home
    $325,721
    Gross yield
    5.5%
  • Bloomington, MN

    Typical home
    $329,055
    Gross yield
    6.0%
  • Montrose, MN

    Typical home
    $325,132
    Gross yield

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