ZIP Code · MN

ZIP 55391

Part of Woodland, MN

Pop. 15,502·Hennepin County·1st most expensive ZIP in Minnesota

Median rent (all units)

$3,392/mo

Year-over-Year

Stable

Month-over-Month

+0.1%

vs US Median

+$1,460

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 55391 · $3,392

More expensive than 95% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,420

1 BR

$1,600

2 BR

$1,950

3 BR

$2,580

4 BR+

$2,890

Research median

$1,950/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 ($174,301) is $4,358 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,890).

Cheaper nearby

ZIP 55345, 4 miles away, rents for 52% less ($1,627/mo), about $21,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55391. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$40,704/yr

At $3,392/mo median

Location

CityWoodland

StateMN

CountyHennepin County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 55391 (Woodland, MN) is majority owner-occupied, has a large retiree population, has a median income above the national average, 73.9% of residents hold a bachelor's degree or higher.

Population

15,502

Median income

$174,301

Median age

50.2

Renters

18.2%

Age distribution

22.2%

25.4%

16.9%

26%

Under 1822.2%

18–349.5%

35–5425.4%

55–6416.9%

65+26%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

88.9%

White88.9%

Hispanic2.4%

Asian5%

Other3.3%

Education (25+)

16.8%

73.9%

No HS diploma1%

HS diploma8.3%

Some college16.8%

Bachelor's+73.9%

Housing tenure

81.8%

18.2%

Owner81.8%

Renter18.2%

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

2021 vs 2026

How ZIP 55391 in Woodland, MN has changed in 5 years

Income

$131,068 → $174,301

up 33.0%

Population

15,621 → 15,502

down 0.8%

Renter share

20.3% → 18.2%

-2.1 pts

Bachelor's+

69.2% → 73.9%

+4.7 pts

On the earnings side, the typical household in ZIP 55391 in Woodland, MN now reports about $174,301, up from $131,068 in 2021. About 18.2% of households rent today, against 20.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 69.2% to 73.9%.

Community

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Local insights

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About renting in ZIP 55391

Last updated: October 17, 2026

ZIP code 55391 covers Woodland, MN. The median rent here is $3,392/mo as of October 2026. A 1-bedroom rents for a median of $1,600/mo. A 2-bedroom rents for a median of $1,950/mo.

At 23% of local median household income ($174,301/yr), ZIP 55391 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 55391?

To keep rent at or below 30% of gross income, you would need to earn at least $136,000/year (about $65/hour full-time) to afford the median rent of $3,392/mo in ZIP 55391. The local median household income is $174,301/yr, so the typical household meets that bar.