ZIP 55408

ZIP 55408 covers 55 tracked apartment buildings totaling 4,979 units in Minneapolis, MN, with an average asking rent of $1,649 — close to the national median for this ZIP code. Asking rents span $800 to $4,358 across the available inventory. Reported occupancy is 91.1%, softer than most stabilized markets and consistent with active leasing concessions.

The for-sale market in this ZIP code shows a median asking price of $214,999 ($235 per square foot). For-sale listings sit on the market for an average of 79 days. As of the most recent snapshot Rufus is tracking 62 active listings. HMDA mortgage data for the county covering Minneapolis shows an average loan amount of $386,628 at an average interest rate of 6.76%. 60,424 loans were originated in the most recent reporting year, a very low denial rate that suggests borrowers in this area are typically well-qualified.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.