Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merrlam Park area can be challenging. Home prices in Merrlam Park are now at a median cost of $353,119, higher than the St. Paul average of $249,775.
The average cost of rent is $1,131/mo in Merrlam Park, primarily driven by the current value of real estate in the Merrlam Park area. While nearly 33.15% of residents own their homes outright in Merrlam Park, 52.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merrlam Park is $6,354 per month. Households that rent pay about 17.80% of their income on rent here. Merrlam Park's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Macalester-Groveland, St. Paul, MN: higher priced homes
- Midway, St. Paul, MN: less expensive homes
- Cooper, Minneapolis, MN: less expensive homes
- Summit Hill, St. Paul, MN: higher priced homes
- Saint Anthony, St. Paul, MN: equally priced homes
- Howe, Minneapolis, MN: less expensive homes
- Summit-University, St. Paul, MN: less expensive homes
- Highland, St. Paul, MN: equally priced homes
- Hiawatha, Minneapolis, MN: less expensive homes
- Prospect Park, Minneapolis, MN: less expensive homes
Neighborhoods with Similar Populations
- Macalester-Groveland, St. Paul, MN: higher priced homes
- Rainier Beach, Seattle, WA: higher priced homes
- Northwest Colorado Springs, Colorado Springs, CO: higher priced homes
- North Central Westminster, Westminster, CO: higher priced homes
- North Cambridge, Cambridge, MA: higher priced homes
- Midway, Gulf Breeze, FL: less expensive homes
- Metzger, Tigard, OR: higher priced homes
- Melrose, Oakland, CA: higher priced homes
- Maplewood, Rochester, NY: less expensive homes
- Magnolia, Seattle, WA: higher priced homes
All Local Stats
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