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ZIP Code · MN

ZIP 55432

Part of Fridley, MN
Pop. 33,672·Anoka County·92nd most expensive ZIP in Minnesota
Median rent (all units)
$1,466/mo
Year-over-Year
+7.9%
Month-over-Month
-1.7%
vs US Median
-$499
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55432 · $1,466
More affordable than 76% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,310
2 BR
$1,590
3 BR
$2,100
4 BR+
$2,350
Research median
$1,590/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
$17,592/yr
At $1,466/mo median
Location
StateMN
CountyAnoka County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.9% YoY, -1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 55432 (Fridley, MN) is majority owner-occupied, 28.9% of residents hold a bachelor's degree or higher.

Population
33,672
Median income
$79,520
Median age
34.9
Renters
36.2%
Age distribution
23.5%
26.7%
23.2%
14.9%
Under 1823.5%
18–3426.7%
35–5423.2%
55–6411.7%
65+14.9%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
60%
17.3%
13.8%
White60%
Black17.3%
Hispanic13.8%
Asian6.6%
Other2.3%
Education (25+)
30.7%
31.8%
28.9%
No HS diploma8.6%
HS diploma30.7%
Some college31.8%
Bachelor's+28.9%
Housing tenure
63.8%
36.2%
Owner63.8%
Renter36.2%

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

2021 vs 2026

How ZIP 55432 in Fridley, MN has changed in 5 years

Income
$68,480 → $79,520
up 16.1%
Population
32,529 → 33,672
up 3.5%
Renter share
36.2% → 36.2%
+0.0 pts
Bachelor's+
29.1% → 28.9%
-0.2 pts
Median age
35.8 → 34.9
-0.9 yrs

Median household income climbed from $68,480 to $79,520 between 2021 and 2024, a 16.1% shift. Census counts show ZIP 55432 in Fridley, MN adding about 1,143 residents over the five-year window, up 3.5% on net.

Community

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Local insights

Tips for renters in ZIP 55432

About renting in ZIP 55432

Last updated: July 20, 2026

ZIP code 55432 covers Fridley, MN. The median rent here is $1,466/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,590/mo.

At 22% of local median household income ($79,520/yr), ZIP 55432 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55432?

As of July 20, 2026, the median monthly rent in ZIP 55432 (Fridley, MN) is $1,466. This is based on aggregated data from public sources and community submissions.

How does ZIP 55432 rent compare to the US average?

ZIP 55432's median rent of $1,466/mo is $499 (25%) below the US national median of $1,965/mo.

How does ZIP 55432 compare to other ZIPs in Minnesota?

ZIP 55432 is among the more affordable ZIP codes in Minnesota, ranking #92 out of 123 ZIPs at $1,466/mo.

How much income do you need to rent in ZIP 55432?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,466/mo in ZIP 55432. The local median household income is $79,520/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55432?

Rent in ZIP 55432 has increased 7.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55432 an affordable place to rent?

ZIP 55432 is considered very affordable for renters. At $1,466/mo, rent takes approximately 22% of the local median household income ($79,520/yr). The standard benchmark is 30%. ZIP 55432 falls comfortably within that range.

What percentage of ZIP 55432 residents rent vs. own?

According to Census data, approximately 36.2% of ZIP 55432 households are renters, while 63.8% are owner-occupied. ZIP 55432 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55432 compare to the rest of Fridley?

ZIP 55432 is pricier than Fridley as a whole. At $1,466/mo, it's $56 above the Fridley citywide median of $1,410/mo.

When was rent data for ZIP 55432 last updated?

Rent data for ZIP 55432 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,466/mo, rent takes ~22% of ZIP 55432's median household income ($79,520/yr). The standard benchmark is 30%.

ZIP 55432 22%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55432 (Fridley, MN)

Recent submissions

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