ZIP Code · MN

ZIP 55427

Part of Crystal, MN

Pop. 24,764·Hennepin County·45th most expensive ZIP in Minnesota

Median rent (all units)

$1,788/mo

Year-over-Year

+1.9%

Month-over-Month

+0.6%

vs US Median

-$144

Reported rents

Rising (Monthly)

Be the first to discuss 55427 rents ↓

Most AffordableMost Expensive

ZIP 55427 · $1,788

More affordable than 52% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,260

1 BR

$1,430

2 BR

$1,740

3 BR

$2,300

4 BR+

$2,580

Research median

$1,740/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 55427 is 1.1% below its high of $1,807 in March 2026, at $1,788 as of September 2026.

Past year vs. the rest of Minnesota

Rent in ZIP 55427 changed +1.9% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($92,821) is $2,321 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,300); a 4-bedroom is $2,580.

Cheaper nearby

ZIP 55422, 2 miles away, rents for 10% less ($1,606/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55427. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,456/yr

At $1,788/mo median

Location

CityCrystal

StateMN

CountyHennepin County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.9% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 55427 (Crystal, MN) is majority owner-occupied, has a median income above the national average, 48.8% of residents hold a bachelor's degree or higher.

Population

24,764

Median income

$92,821

Median age

39.4

Renters

33%

Age distribution

19.5%

23.2%

25.7%

14.1%

17.5%

Under 1819.5%

18–3423.2%

35–5425.7%

55–6414.1%

65+17.5%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

70.4%

White70.4%

Black10.4%

Hispanic8.5%

Asian4.2%

Other6.5%

Education (25+)

18.8%

28%

48.8%

No HS diploma4.4%

HS diploma18.8%

Some college28%

Bachelor's+48.8%

Housing tenure

67%

33%

Owner67%

Renter33%

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

2022 vs 2026

How ZIP 55427 in Crystal, MN has changed in 5 years

Rent

$1,561 → $1,788

up 14.5%

Income

$85,042 → $92,821

up 9.1%

Population

25,581 → 24,764

down 3.2%

Renter share

30.1% → 33%

+2.9 pts

Bachelor's+

47.1% → 48.8%

+1.7 pts

Compared with 2022, rent in ZIP 55427 in Crystal, MN has climbed by $227 per month, settling near $1,788 after starting the period at $1,561. On the earnings side, the typical household in ZIP 55427 in Crystal, MN now reports about $92,821, up from $85,042 in 2021. Rent outpaced income growth by roughly 5.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 25,581 to 24,764 between 2021 and 2024, a 3.2% change. About 33% of households rent today, against 30.1% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 55427 in Crystal, MN reflects that arc in its own way.

Community

Discussions about ZIP 55427

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 55427

About renting in ZIP 55427

Last updated: October 17, 2026

ZIP code 55427 covers Crystal, MN. The median rent here is $1,788/mo as of October 2026. A 1-bedroom rents for a median of $1,430/mo. A 2-bedroom rents for a median of $1,740/mo.

At 23% of local median household income ($92,821/yr), ZIP 55427 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55427?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,788/mo in ZIP 55427. The local median household income is $92,821/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55427?

Rent in ZIP 55427 has risen 1.9% over the past year as of September 2026. It sits 1.1% below its high of $1,807 in March 2026.

How does ZIP 55427 compare to other ZIPs in Minnesota?

ZIP 55427 is in the middle among Minnesota ZIP codes for rent, ranking #45 of 123 at $1,788/mo. Over the year to September 2026, rent in ZIP 55427 changed +1.9%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.