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ZIP Code · MN

ZIP 55446

Part of Plymouth, MN
Pop. 28,247·Hennepin County·7th most expensive ZIP in Minnesota
Median rent (all units)
$2,247/mo
Year-over-Year
+11.1%
Month-over-Month
-2.4%
vs US Median
+$282
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55446 · $2,247
More expensive than 71% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,630
1 BR
$1,840
2 BR
$2,240
3 BR
$2,960
4 BR+
$3,320
Research median
$2,240/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
$26,964/yr
At $2,247/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.1% YoY, -2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 55446 (Plymouth, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 75.1% of residents hold a bachelor's degree or higher.

Population
28,247
Median income
$170,625
Median age
38.3
Renters
17.4%
Age distribution
30.4%
14.2%
31.9%
12.8%
Under 1830.4%
18–3414.2%
35–5431.9%
55–6410.7%
65+12.8%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
66.5%
19.5%
White66.5%
Black3.2%
Hispanic3.2%
Asian19.5%
Other7.6%
Education (25+)
16.5%
75.1%
No HS diploma2.2%
HS diploma6.2%
Some college16.5%
Bachelor's+75.1%
Housing tenure
82.6%
17.4%
Owner82.6%
Renter17.4%

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

2021 vs 2026

How ZIP 55446 in Plymouth, MN has changed in 5 years

Rent
$1,687 → $2,247
up 33.2%
Income
$151,194 → $170,625
up 12.9%
Population
27,079 → 28,247
up 4.3%
Renter share
17.8% → 17.4%
-0.4 pts
Bachelor's+
76.7% → 75.1%
-1.6 pts

Across the past five years, the going rent in ZIP 55446 in Plymouth, MN has shifted from $1,687 to $2,247, up 33.2% since 2021. Household income in the area moved from $151,194 to $170,625 across the same window, up 12.9% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 55446 in Plymouth, MN adding about 1,168 residents over the five-year window, up 4.3% on net. Reading these numbers side by side helps frame whether current listings in ZIP 55446 in Plymouth, MN look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 55446

Last updated: July 20, 2026

ZIP code 55446 covers Plymouth, MN. The median rent here is $2,247/mo as of July 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,240/mo.

At 16% of local median household income ($170,625/yr), ZIP 55446 ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55446?

As of July 20, 2026, the median monthly rent in ZIP 55446 (Plymouth, MN) is $2,247. This is based on aggregated data from public sources and community submissions.

How does ZIP 55446 rent compare to the US average?

ZIP 55446's median rent of $2,247/mo is $282 (14%) above the US national median of $1,965/mo.

How does ZIP 55446 compare to other ZIPs in Minnesota?

ZIP 55446 is one of the pricier ZIP codes in Minnesota, ranking #7 out of 123 ZIPs tracked at $2,247/mo.

How much income do you need to rent in ZIP 55446?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,247/mo in ZIP 55446. The local median household income is $170,625/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55446?

Rent in ZIP 55446 has increased 11.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55446 an affordable place to rent?

ZIP 55446 is considered very affordable for renters. At $2,247/mo, rent takes approximately 16% of the local median household income ($170,625/yr). The standard benchmark is 30%. ZIP 55446 falls comfortably within that range.

What percentage of ZIP 55446 residents rent vs. own?

According to Census data, approximately 17.4% of ZIP 55446 households are renters, while 82.6% are owner-occupied. ZIP 55446 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55446 compare to the rest of Plymouth?

ZIP 55446 is pricier than Plymouth as a whole. At $2,247/mo, it's $307 above the Plymouth citywide median of $1,940/mo.

When was rent data for ZIP 55446 last updated?

Rent data for ZIP 55446 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
16%
VERY AFFORDABLE

At $2,247/mo, rent takes ~16% of ZIP 55446's median household income ($170,625/yr). The standard benchmark is 30%.

ZIP 55446 16%Benchmark 30%
State income tax5.35–9.85%
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