ZIP Code · MN

ZIP 55430

Pop. 22,749·Hennepin County·95th most expensive ZIP in Minnesota
Median rent (all units)
$1,455/mo
Year-over-Year
+3.1%
Month-over-Month
-0.5%
vs US Median
-$477
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 55430 · $1,455
More affordable than 76% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Minnesota

Rent in ZIP 55430 changed +3.1% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($75,716) is $1,893 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,650); a 3-bedroom is $2,180.

From Zillow's monthly rent index (ZORI) for ZIP 55430. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,460/yr
At $1,455/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.1% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 55430 (Brooklyn Center, MN) is majority owner-occupied, has a large share of families with children, 29.6% of residents hold a bachelor's degree or higher.

Population
22,749
Median income
$75,716
Median age
34.4
Renters
30.5%
Age distribution
27.9%
23%
26.8%
Under 1827.9%
18–3423%
35–5426.8%
55–6411.5%
65+10.9%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
32.2%
30.4%
17.5%
13.3%
White32.2%
Black30.4%
Hispanic17.5%
Asian13.3%
Other6.6%
Education (25+)
26.8%
32.1%
29.6%
No HS diploma11.4%
HS diploma26.8%
Some college32.1%
Bachelor's+29.6%
Housing tenure
69.5%
30.5%
Owner69.5%
Renter30.5%

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

2021 vs 2026

How ZIP 55430 in Brooklyn Center, MN has changed in 5 years

Income
$66,038 → $75,716
up 14.7%
Population
23,191 → 22,749
down 1.9%
Renter share
37% → 30.5%
-6.5 pts
Bachelor's+
22.4% → 29.6%
+7.2 pts
Median age
32.7 → 34.4
+1.7 yrs

Local incomes tracked alongside that move, going from a median of $66,038 in 2021 to $75,716 more recently. Headcount in the area went from 23,191 to 22,749 between 2021 and 2024, a 1.9% change. About 30.5% of households rent today, against 37% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 22.4% to 29.6%.

Community

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Local insights

Tips for renters in ZIP 55430

About renting in ZIP 55430

Last updated: October 17, 2026

ZIP code 55430 covers Brooklyn Center, MN. The median rent here is $1,455/mo as of October 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,650/mo.

At 23% of local median household income ($75,716/yr), ZIP 55430 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55430?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,455/mo in ZIP 55430. The local median household income is $75,716/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55430?

Rent in ZIP 55430 has risen 3.1% over the past year.

How does ZIP 55430 compare to other ZIPs in Minnesota?

ZIP 55430 is one of the more affordable among Minnesota ZIP codes for rent, ranking #95 of 123 at $1,455/mo. Over the year to September 2026, rent in ZIP 55430 changed +3.1%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.

How does ZIP 55430 compare to the rest of Brooklyn Center?

At $1,455/mo, ZIP 55430 is $60 above the Brooklyn Center citywide median of $1,395/mo.
Income Affordability
23%
VERY AFFORDABLE

At $1,455/mo, rent takes ~23% of ZIP 55430's median household income ($75,716/yr). The standard benchmark is 30%.

ZIP 55430 23%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55430 (Brooklyn Center, MN)

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