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ZIP Code · MN

ZIP 55427

Part of Crystal, MN
Pop. 24,764·Hennepin County·66th most expensive ZIP in Minnesota
Median rent (all units)
$1,631/mo
Year-over-Year
+16.3%
Month-over-Month
-1.5%
vs US Median
-$334
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55427 · $1,631
More affordable than 64% of US ZIP codes · National median $1,965/mo
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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

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Last updated: July 20, 2026

Annual cost
$19,572/yr
At $1,631/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.3% YoY, -1.5% 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

2021 vs 2026

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

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

On the earnings side, the typical household in ZIP 55427 in Crystal, MN now reports about $92,821, up from $85,042 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.

Community

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Local insights

Tips for renters in ZIP 55427

About renting in ZIP 55427

Last updated: July 20, 2026

ZIP code 55427 covers Crystal, MN. The median rent here is $1,631/mo as of July 2026. A 1-bedroom rents for a median of $1,430/mo. A 2-bedroom rents for a median of $1,740/mo.

At 21% of local median household income ($92,821/yr), ZIP 55427 ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55427?

As of July 20, 2026, the median monthly rent in ZIP 55427 (Crystal, MN) is $1,631. This is based on aggregated data from public sources and community submissions.

How does ZIP 55427 rent compare to the US average?

ZIP 55427's median rent of $1,631/mo is $334 (17%) below the US national median of $1,965/mo.

How does ZIP 55427 compare to other ZIPs in Minnesota?

ZIP 55427 falls in the middle range for Minnesota, ranking #66 out of 123 ZIPs at $1,631/mo.

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 $65,000/year (~$31/hour full-time) to afford the median rent of $1,631/mo in ZIP 55427. The local median household income is $92,821/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55427?

Rent in ZIP 55427 has increased 16.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55427 an affordable place to rent?

ZIP 55427 is considered very affordable for renters. At $1,631/mo, rent takes approximately 21% of the local median household income ($92,821/yr). The standard benchmark is 30%. ZIP 55427 falls comfortably within that range.

What percentage of ZIP 55427 residents rent vs. own?

According to Census data, approximately 33% of ZIP 55427 households are renters, while 67% are owner-occupied. ZIP 55427 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55427 compare to the rest of Crystal?

ZIP 55427 is more affordable than Crystal overall. At $1,631/mo, it's $48 below the Crystal citywide median of $1,679/mo.

When was rent data for ZIP 55427 last updated?

Rent data for ZIP 55427 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,631/mo, rent takes ~21% of ZIP 55427's median household income ($92,821/yr). The standard benchmark is 30%.

ZIP 55427 21%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55427 (Crystal, MN)

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