St. Louis Park, MN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in St. Louis Park is $1,796, a 3.89% increase compared to the previous year, when the average rent was $1,728.
Studio Apartments at $1,247 offer the most budget-friendly option with 493 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 736 square feet for $1,616, balancing privacy and affordability.
Two-beedroom units at $2,069 offer 1,092 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,390 sq ft) for $2,570, suitable for larger households.
Average rent in St. Louis Park, MN
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,796 | 877 sq. ft. |
| Studio | $1,247 | 493 sq. ft. |
| 1 Bed | $1,616 | 736 sq. ft. |
| 2 Beds | $2,069 | 1,092 sq. ft. |
| 3 Beds | $2,570 | 1,390 sq. ft. |
St. Louis Park, MN rent trends
Rental prices in St. Louis Park, MN have increased by 3.89% over the past year. The average rent moved from $1,728 to $1,796.
What's the typical rent budget in St. Louis Park, MN?
The largest share of rentals in St. Louis Park, MN (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in St. Louis Park, MN?
10,104 or 42% of the households in St. Louis Park, MN are renter-occupied while 14,022 or 58% are owner-occupied.
How St. Louis Park Compares to Other Cities
| City | Average Rent |
|---|---|
| St. Louis Park | $1,796 |
| Minneapolis | $1,681 |
| St. Paul | $1,524 |
| Moorhead | $1,088 |
| Rochester | $1,663 |
| Bloomington | $1,661 |
| Mankato | $1,387 |
| Edina | $1,862 |
| St. Cloud | $1,157 |
| Minnetonka | $1,923 |
| Burnsville | $1,566 |
| Plymouth, MN | $1,706 |
| Eden Prairie | $1,781 |
| Eagan | $1,682 |
| Coon Rapids | $1,435 |
| Roseville | $1,433 |
| Chaska, MN | $1,714 |
| Hopkins, MN | $1,593 |
| Shakopee | $1,722 |
| Brooklyn Park | $1,337 |
| Fridley, MN | $1,486 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all St. Louis Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.