Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 55708, Minnesota?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 55708, Minnesota (ZIP 55708) is $827/month (±$230), based on Census ACS 5-Year estimates (2024). The median home value is $110,300 (±$10,780), and the median household income is $66,389/year. The unemployment rate in St. Louis County, Minnesota was 4.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 55708
| Metric | Value |
|---|---|
| Median Gross Rent | $827 |
| Median Home Value | $110,300 |
| Median Household Income | $66,389 |
| Total Housing Units | 406 |
| Renter-Occupied Units | 71 |
| Renter-Occupied Share | 17% |
| Households Paying 50%+ Income | 7 households |
| Unemployment Rate(April 2026) | 4.7% |
How does ZIP 55708 compare?
Median gross rent ranked against all ZIP codes in Minnesota.
Higher rent than 34% of ZIP codes in Minnesota · 504th of 759
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 55042 | $2,407 |
| 2 | ZCTA5 55001 | $2,333 |
| 3 | ZCTA5 55054 | $2,200 |
| … 500 more … | ||
| 504 | ZCTA5 55708(you are here) | $827 |
| … 252 more … | ||
| 757 | ZCTA5 56527 | $390 |
| 758 | ZCTA5 55764 | $336 |
| 759 | ZCTA5 56591 | $196 |
Geography
ZIP 55708 is in St. Louis County, Minnesota.
It covers part of Biwabik city, Minnesota.
More data for ZCTA5 55708
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Frequently asked questions
What is the average rent in ZCTA5 55708, Minnesota?
The median gross rent in ZCTA5 55708, Minnesota (ZIP 55708) is $827/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 55708, Minnesota?
The median rent for a 2-bedroom in ZCTA5 55708, Minnesota is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 55708, Minnesota?
The median home value in ZCTA5 55708, Minnesota (ZIP 55708) is $110,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 55708 are rent-burdened?
In ZCTA5 55708, Minnesota, 7 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 55708, Minnesota?
The median household income in ZCTA5 55708, Minnesota is $66,389/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $827 has a margin of error of ±$230. In very small areas, MOEs can be large relative to the estimate.
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