ZIP Code · MN

ZIP 55446

Part of Plymouth, MN

Pop. 28,247·Hennepin County·7th most expensive ZIP in Minnesota

Median rent (all units)

$2,214/mo

Year-over-Year

+4.8%

Month-over-Month

+0.5%

vs US Median

+$282

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 55446 · $2,214

More expensive than 71% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 55446 is at its highest level since Zillow's records here began in March 2021.

Past year vs. the rest of Minnesota

Rent in ZIP 55446 changed +4.8% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($170,625) is $4,266 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,320).

Rank in Plymouth

4th cheapest of 4 ZIP codes in Plymouth.

Cheaper nearby

ZIP 55447, 3 miles away, rents for 13% less ($1,916/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55446. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$26,568/yr

At $2,214/mo median

Location

CityPlymouth

StateMN

CountyHennepin County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.8% YoY, +0.5% 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

$1,736 → $2,214

up 27.5%

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 $1,736 to $2,214, up 27.5% 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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About renting in ZIP 55446

Last updated: October 17, 2026

ZIP code 55446 covers Plymouth, MN. The median rent here is $2,214/mo as of October 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 4.8% over the past year.

FAQ

Frequently asked questions

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 $89,000/year (about $43/hour full-time) to afford the median rent of $2,214/mo in ZIP 55446. The local median household income is $170,625/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55446?

Rent in ZIP 55446 has risen 4.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2021.

How does ZIP 55446 compare to other ZIPs in Minnesota?

ZIP 55446 is one of the pricier among Minnesota ZIP codes for rent, ranking #7 of 123 at $2,214/mo. Over the year to September 2026, rent in ZIP 55446 changed +4.8%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.