St. Louis Park, MN Rental Market Trends
What is the average rent in St. Louis Park?
The average rent for an apartment in St. Louis Park is $1,596, a 1% decrease compared to the previous year, when the average rent was $1,609. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Minneapolis, MN.
Average Rent in St. Louis Park, MN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,596||-1%||885 sq. ft.|
What is the average apartment size in St. Louis Park?
The average size for a St. Louis Park, MN apartment is 885 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
St. Louis Park, MN Apartment Rent Ranges
- > $2,00018%
St. Louis Park, MN Occupied Housing Units
- Renter-occupied Households53%
- Owner-occupied Households46%
12,424 or 53% of the households in St. Louis Park, MN are renter-occupied while 10,832 or 46% are owner-occupied.
St. Louis Park, MN Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||May / 2021|
How St. Louis Park Compares to Other Cities
|Average Rent||Y-o-Y Change|
|St. Louis Park||$1,596||-1%|