Rents are right about where Saint Louis Park's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,865 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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How Saint Louis Park, MN has changed in 5 years
Compared with 2021, rent in Saint Louis Park, MN has climbed by $340 per month, settling near $1,865 after starting the period at $1,525. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Saint Louis Park on your salary?
At $1,865/mo, how Saint Louis Park rent compares to typical pay (30% rule).
Saint Louis Park rent by bedroom count
Median rent for each apartment size in Saint Louis Park. Click any size for full breakdown.
Tips for renters in Saint Louis Park
Last updated: August 17, 2026
The median rent in Saint Louis Park is $1,865/mo as of August 2026. A studio apartment averages $1,385/mo while a 2-bedroom runs $1,910/mo. One-bedroom apartments average $1,565/mo and 3-bedroom units go for $2,545/mo.
At 31% of estimated US median household income ($72,000/yr), Saint Louis Park ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.1% over the past year.
Frequently asked questions
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How does Saint Louis Park rent compare to the national average?
At $1,865/mo, rent takes ~31% of US median household income ($72,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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