Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the St. Louis Park area can be challenging. Home prices in St. Louis Park are now at a median cost of $337,192, higher than the Minnesota average of $269,934.
The average cost of rent is $1,469/mo in St. Louis Park, primarily driven by the current value of real estate in the St. Louis Park area. While nearly 35.30% of residents own their homes outright in St. Louis Park, 43.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in St. Louis Park is $8,013 per month. Households that rent pay about 18.33% of their income on rent here. St. Louis Park's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hopkins, MN: equally priced homes
- Golden Valley, MN: equally priced homes
- Edina, MN: higher priced homes
- Medicine Lake, MN: higher priced homes
- Minnetonka, MN: higher priced homes
- Minneapolis, MN: equally priced homes
- Robbinsdale, MN: less expensive homes
- Crystal, MN: less expensive homes
- New Hope, MN: less expensive homes
- Richfield, MN: less expensive homes
Cities with Similar Populations
- Bel Air South, MD: less expensive homes
- Bloomfield Hills, MI: higher priced homes
- Cedar Hill, TX: less expensive homes
- Cerritos, CA: higher priced homes
- Country Club, FL: less expensive homes
- Draper, UT: higher priced homes
- Morrisville, PA: higher priced homes
- Quincy, IL: less expensive homes
- Princeton, FL: less expensive homes
- Poway, CA: higher priced homes
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