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ZIP Code · MN

ZIP 55303

Part of Ramsey, MN
Pop. 52,614·Anoka County·73rd most expensive ZIP in Minnesota
Median rent (all units)
$1,584/mo
Year-over-Year
-3.5%
Month-over-Month
-1.1%
vs US Median
-$381
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55303 · $1,584
More affordable than 68% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,360
2 BR
$1,650
3 BR
$2,180
4 BR+
$2,440
Research median
$1,650/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: July 20, 2026

Annual cost
$19,008/yr
At $1,584/mo median
Location
CityRamsey
StateMN
CountyAnoka County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 3.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-3.5% YoY, -1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 55303 (Ramsey, MN) is majority owner-occupied, has a median income above the national average, 31.6% of residents hold a bachelor's degree or higher.

Population
52,614
Median income
$102,986
Median age
39.2
Renters
24.2%
Age distribution
24.5%
18.8%
25.7%
13.8%
17.2%
Under 1824.5%
18–3418.8%
35–5425.7%
55–6413.8%
65+17.2%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
81.4%
White81.4%
Black6.8%
Hispanic3.7%
Asian3.8%
Other4.4%
Education (25+)
27.8%
36.5%
31.6%
No HS diploma4.1%
HS diploma27.8%
Some college36.5%
Bachelor's+31.6%
Housing tenure
75.8%
24.2%
Owner75.8%
Renter24.2%

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

2021 vs 2026

How ZIP 55303 in Ramsey, MN has changed in 5 years

Rent
$1,272 → $1,584
up 24.5%
Income
$92,205 → $102,986
up 11.7%
Population
51,398 → 52,614
up 2.4%
Renter share
24.7% → 24.2%
-0.5 pts
Bachelor's+
31.3% → 31.6%
+0.3 pts
Median age
37.7 → 39.2
+1.5 yrs

Five years ago, renters in ZIP 55303 in Ramsey, MN paid around $1,272 a month. That figure now sits near $1,584, up 24.5% from the 2021 baseline. Median household income climbed from $92,205 to $102,986 between 2021 and 2024, a 11.7% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 55303 in Ramsey, MN adding about 1,216 residents over the five-year window, up 2.4% on net. Taken together, the five-year picture in ZIP 55303 in Ramsey, MN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 55303

Last updated: July 20, 2026

ZIP code 55303 covers Ramsey, MN. The median rent here is $1,584/mo as of July 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,650/mo.

At 18% of local median household income ($102,986/yr), ZIP 55303 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55303?

As of July 20, 2026, the median monthly rent in ZIP 55303 (Ramsey, MN) is $1,584. This is based on aggregated data from public sources and community submissions.

How does ZIP 55303 rent compare to the US average?

ZIP 55303's median rent of $1,584/mo is $381 (19%) below the US national median of $1,965/mo.

How does ZIP 55303 compare to other ZIPs in Minnesota?

ZIP 55303 falls in the middle range for Minnesota, ranking #73 out of 123 ZIPs at $1,584/mo.

How much income do you need to rent in ZIP 55303?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,584/mo in ZIP 55303. The local median household income is $102,986/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55303?

Rent in ZIP 55303 has decreased 3.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 55303 an affordable place to rent?

ZIP 55303 is considered very affordable for renters. At $1,584/mo, rent takes approximately 18% of the local median household income ($102,986/yr). The standard benchmark is 30%. ZIP 55303 falls comfortably within that range.

What percentage of ZIP 55303 residents rent vs. own?

According to Census data, approximately 24.2% of ZIP 55303 households are renters, while 75.8% are owner-occupied. ZIP 55303 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55303 compare to the rest of Ramsey?

ZIP 55303 is more affordable than Ramsey overall. At $1,584/mo, it's $384 below the Ramsey citywide median of $1,968/mo.

When was rent data for ZIP 55303 last updated?

Rent data for ZIP 55303 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,584/mo, rent takes ~18% of ZIP 55303's median household income ($102,986/yr). The standard benchmark is 30%.

ZIP 55303 18%Benchmark 30%
State income tax5.35–9.85%
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