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These days, finding an affordable place to live in the St. Paul area can be challenging. Home prices in St. Paul are now at a median cost of $324,216, lower than the Minnesota average of $345,793.
The average cost of rent is $1,348/mo in St. Paul, primarily driven by the current value of real estate in the St. Paul area. In St. Paul, 46.09% of households rent, and 33.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in St. Paul is $6,912 per month. Households that rent pay about 19.50% of their income on rent here. St. Paul’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West St. Paul, MN: less expensive homes
- Falcon Heights, MN: higher priced homes
- Roseville, MN: higher priced homes
- Maplewood, MN: equally priced homes
- Lilydale, MN: higher priced homes
- Little Canada, MN: equally priced homes
- Mendota Heights, MN: higher priced homes
- Lauderdale, MN: equally priced homes
- South St. Paul, MN: less expensive homes
- Mendota, MN: higher priced homes
Cities with Similar Populations
- Joliet, IL: less expensive homes
- Jupiter, FL: higher priced homes
- Kansas City, KS: less expensive homes
- Jacksonville, FL: higher priced homes
- Kenner, LA: less expensive homes
- Kennesaw, GA: higher priced homes
- Jacksonville, NC: less expensive homes
- Katy, TX: higher priced homes
- Janesville, WI: less expensive homes
- Kansas City, MO: equally priced homes
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