ZIP Code · MN

ZIP 55447

Part of Plymouth, MN

Pop. 20,931·Hennepin County·29th most expensive ZIP in Minnesota

Median rent (all units)

$1,916/mo

Year-over-Year

+6.0%

Month-over-Month

+0.8%

vs US Median

-$16

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 55447 · $1,916

More expensive than 57% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,500

1 BR

$1,690

2 BR

$2,060

3 BR

$2,730

4 BR+

$3,050

Research median

$2,060/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 55447 is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of Minnesota

Rent in ZIP 55447 changed +6.0% 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 8 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($133,555) is $3,339 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,050).

Rank in Plymouth

2nd cheapest of 4 ZIP codes in Plymouth.

Cheaper nearby

ZIP 55441, 3 miles away, rents for 11% less ($1,701/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55447. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,992/yr

At $1,916/mo median

Location

CityPlymouth

StateMN

CountyHennepin County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.0% YoY, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 55447 (Plymouth, MN) is majority owner-occupied, has a median income above the national average, 61.8% of residents hold a bachelor's degree or higher.

Population

20,931

Median income

$133,555

Median age

40.8

Renters

23%

Age distribution

24.9%

15.2%

28.8%

13%

18%

Under 1824.9%

18–3415.2%

35–5428.8%

55–6413%

65+18%

Gender

47.2%

52.8%

Male47.2%

Female52.8%

Race & ethnicity

83.3%

White83.3%

Black3.6%

Hispanic3.7%

Asian3.8%

Other5.6%

Education (25+)

25.1%

61.8%

No HS diploma2%

HS diploma11.1%

Some college25.1%

Bachelor's+61.8%

Housing tenure

77%

23%

Owner77%

Renter23%

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

2022 vs 2026

How ZIP 55447 in Plymouth, MN has changed in 5 years

Rent

$1,640 → $1,916

up 16.8%

Income

$113,640 → $133,555

up 17.5%

Population

21,775 → 20,931

down 3.9%

Renter share

24.3% → 23%

-1.3 pts

Bachelor's+

59% → 61.8%

+2.8 pts

Median age

41.9 → 40.8

-1.1 yrs

Compared with 2022, rent in ZIP 55447 in Plymouth, MN has climbed by $276 per month, settling near $1,916 after starting the period at $1,640. Census figures show median household income at $133,555 today, compared with $113,640 five years earlier. Headcount in the area went from 21,775 to 20,931 between 2021 and 2024, a 3.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 59% to 61.8%. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 55447

Last updated: October 17, 2026

ZIP code 55447 covers Plymouth, MN. The median rent here is $1,916/mo as of October 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $2,060/mo.

At 17% of local median household income ($133,555/yr), ZIP 55447 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55447?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (about $37/hour full-time) to afford the median rent of $1,916/mo in ZIP 55447. The local median household income is $133,555/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55447?

Rent in ZIP 55447 has risen 6.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

How does ZIP 55447 compare to other ZIPs in Minnesota?

ZIP 55447 is one of the pricier among Minnesota ZIP codes for rent, ranking #29 of 123 at $1,916/mo. Over the year to September 2026, rent in ZIP 55447 changed +6.0%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.