ZIP Code · MN

ZIP 55014

Pop. 29,047·Anoka County·26th most expensive ZIP in Minnesota
Median rent (all units)
$1,960/mo
Year-over-Year
Stable
Month-over-Month
+1.2%
vs US Median
+$28
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 55014 · $1,960
More expensive than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,510
2 BR
$1,840
3 BR
$2,440
4 BR+
$2,720
Research median
$1,840/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($103,658) is $2,591 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,440); a 4-bedroom is $2,720.

Cheaper nearby

ZIP 55112, 6 miles away, rents for 27% less ($1,430/mo), about $6,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55014. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,520/yr
At $1,960/mo median
Location
StateMN
CountyAnoka County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 55014 (Circle Pines, MN) is majority owner-occupied, has a median income above the national average, 36.7% of residents hold a bachelor's degree or higher.

Population
29,047
Median income
$103,658
Median age
41.1
Renters
14.2%
Age distribution
21.7%
19.3%
26.9%
15.3%
16.8%
Under 1821.7%
18–3419.3%
35–5426.9%
55–6415.3%
65+16.8%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
82.1%
White82.1%
Black4.2%
Hispanic5.7%
Asian4.6%
Other3.5%
Education (25+)
26.2%
31.5%
36.7%
No HS diploma5.6%
HS diploma26.2%
Some college31.5%
Bachelor's+36.7%
Housing tenure
85.8%
14.2%
Owner85.8%
Renter14.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 55014 in Circle Pines, MN has changed in 5 years

Income
$92,235 → $103,658
up 12.4%
Population
28,711 → 29,047
up 1.2%
Renter share
13.2% → 14.2%
+1.0 pts
Bachelor's+
34.4% → 36.7%
+2.3 pts

Median household income rose from $92,235 to $103,658 between 2021 and 2024, a 12.4% shift. The population has grown by 1.2% since 2021, moving from about 28,711 residents to roughly 29,047. College-educated residents now make up 36.7% of adults here, versus 34.4% in 2021.

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Local insights

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About renting in ZIP 55014

Last updated: October 17, 2026

ZIP code 55014 covers Circle Pines, MN. The median rent here is $1,960/mo as of October 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,840/mo.

At 23% of local median household income ($103,658/yr), ZIP 55014 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55014?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,960/mo in ZIP 55014. The local median household income is $103,658/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55014?

Rent in ZIP 55014 has been roughly flat over the past year, a 0.0% change.

How does ZIP 55014 compare to other ZIPs in Minnesota?

ZIP 55014 is one of the pricier among Minnesota ZIP codes for rent, ranking #26 of 123 at $1,960/mo.
Income Affordability
23%
VERY AFFORDABLE

At $1,960/mo, rent takes ~23% of ZIP 55014's median household income ($103,658/yr). The standard benchmark is 30%.

ZIP 55014 23%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55014 (Circle Pines, MN)

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