ZIP Code · MN

ZIP 55445

Pop. 13,546·Hennepin County·21st most expensive ZIP in Minnesota
Median rent (all units)
$1,993/mo
Year-over-Year
Stable
Month-over-Month
-1.8%
vs US Median
+$61
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55445 · $1,993
More expensive than 61% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,860
1 BR
$2,100
2 BR
$2,560
3 BR
$3,390
4 BR+
$3,790
Research median
$2,560/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 ($104,150) is $2,604 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,560); a 3-bedroom is $3,390.

Cheaper nearby

ZIP 55443, 2 miles away, rents for 11% less ($1,771/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55445. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,916/yr
At $1,993/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 55445 (Brooklyn Park, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 38.3% of residents hold a bachelor's degree or higher.

Population
13,546
Median income
$104,150
Median age
35.8
Renters
16.8%
Age distribution
28.3%
19.6%
30.9%
Under 1828.3%
18–3419.6%
35–5430.9%
55–649.3%
65+11.8%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
44%
17.4%
22.9%
White44%
Black17.4%
Hispanic5.5%
Asian22.9%
Other10.1%
Education (25+)
22.5%
29.9%
38.3%
No HS diploma9.3%
HS diploma22.5%
Some college29.9%
Bachelor's+38.3%
Housing tenure
83.2%
16.8%
Owner83.2%
Renter16.8%

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

2021 vs 2026

How ZIP 55445 in Brooklyn Park, MN has changed in 5 years

Income
$92,478 → $104,150
up 12.6%
Population
13,330 → 13,546
up 1.6%
Renter share
20% → 16.8%
-3.2 pts
Bachelor's+
39.5% → 38.3%
-1.2 pts

Local incomes tracked alongside that move, going from a median of $92,478 in 2021 to $104,150 more recently. Headcount in the area went from 13,330 to 13,546 between 2021 and 2024, a 1.6% change. About 16.8% of households rent today, against 20% in 2021.

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Local insights

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About renting in ZIP 55445

Last updated: October 17, 2026

ZIP code 55445 covers Brooklyn Park, MN. The median rent here is $1,993/mo as of October 2026. A 1-bedroom rents for a median of $2,100/mo. A 2-bedroom rents for a median of $2,560/mo.

At 23% of local median household income ($104,150/yr), ZIP 55445 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 55445?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (about $38/hour full-time) to afford the median rent of $1,993/mo in ZIP 55445. The local median household income is $104,150/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55445?

Rent in ZIP 55445 has been roughly flat over the past year, a 0.0% change.

How does ZIP 55445 compare to other ZIPs in Minnesota?

ZIP 55445 is one of the pricier among Minnesota ZIP codes for rent, ranking #21 of 123 at $1,993/mo.

How does ZIP 55445 compare to the rest of Brooklyn Park?

At $1,993/mo, ZIP 55445 is $435 above the Brooklyn Park citywide median of $1,558/mo.
Income Affordability
23%
VERY AFFORDABLE

At $1,993/mo, rent takes ~23% of ZIP 55445's median household income ($104,150/yr). The standard benchmark is 30%.

ZIP 55445 23%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55445 (Brooklyn Park, MN)

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