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ZIP Code · MN

ZIP 55106

Pop. 56,708·Ramsey County·113th most expensive ZIP in Minnesota
Median rent (all units)
$1,262/mo
Year-over-Year
-3.2%
Month-over-Month
+0.3%
vs US Median
-$703
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 55106 · $1,262
More affordable than 89% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,100
1 BR
$1,250
2 BR
$1,520
3 BR
$2,020
4 BR+
$2,270
Research median
$1,520/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$15,144/yr
At $1,262/mo median
Location
StateMN
CountyRamsey County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 3.2% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-3.2% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 55106 (Saint Paul, MN) is majority owner-occupied, has a large share of families with children, 24% of residents hold a bachelor's degree or higher.

Population
56,708
Median income
$70,187
Median age
31.7
Renters
38.9%
Age distribution
30.4%
25.5%
26%
Under 1830.4%
18–3425.5%
35–5426%
55–648.8%
65+9.3%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
31.5%
13.3%
12.5%
35.8%
White31.5%
Black13.3%
Hispanic12.5%
Asian35.8%
Other6.9%
Education (25+)
17.8%
30.9%
27.3%
24%
No HS diploma17.8%
HS diploma30.9%
Some college27.3%
Bachelor's+24%
Housing tenure
61.1%
38.9%
Owner61.1%
Renter38.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 55106 in Saint Paul, MN has changed in 5 years

Rent
$1,022 → $1,262
up 23.5%
Income
$56,634 → $70,187
up 23.9%
Population
59,197 → 56,708
down 4.2%
Renter share
44.4% → 38.9%
-5.5 pts
Bachelor's+
20.8% → 24%
+3.2 pts
Median age
30.2 → 31.7
+1.5 yrs

The median rent in ZIP 55106 in Saint Paul, MN stood at $1,022 in 2021 and currently runs about $1,262, reflecting a 23.5% increase over the period. Median household income rose from $56,634 to $70,187 between 2021 and 2024, a 23.9% shift. The population has contracted by 4.2% since 2021, moving from about 59,197 residents to roughly 56,708. Renters now make up 38.9% of households, compared with 44.4% five years ago. College-educated residents now make up 24% of adults here, versus 20.8% in 2021. Taken together, the five-year picture in ZIP 55106 in Saint Paul, MN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

Tips for renters in ZIP 55106

About renting in ZIP 55106

Last updated: July 20, 2026

ZIP code 55106 covers Saint Paul, MN. The median rent here is $1,262/mo as of July 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,520/mo.

At 22% of local median household income ($70,187/yr), ZIP 55106 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55106?

As of July 20, 2026, the median monthly rent in ZIP 55106 (Saint Paul, MN) is $1,262. This is based on aggregated data from public sources and community submissions.

How does ZIP 55106 rent compare to the US average?

ZIP 55106's median rent of $1,262/mo is $703 (36%) below the US national median of $1,965/mo.

How does ZIP 55106 compare to other ZIPs in Minnesota?

ZIP 55106 is among the more affordable ZIP codes in Minnesota, ranking #113 out of 123 ZIPs at $1,262/mo.

How much income do you need to rent in ZIP 55106?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,262/mo in ZIP 55106. The local median household income is $70,187/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55106?

Rent in ZIP 55106 has decreased 3.2% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 55106 an affordable place to rent?

ZIP 55106 is considered very affordable for renters. At $1,262/mo, rent takes approximately 22% of the local median household income ($70,187/yr). The standard benchmark is 30%. ZIP 55106 falls comfortably within that range.

What percentage of ZIP 55106 residents rent vs. own?

According to Census data, approximately 38.9% of ZIP 55106 households are renters, while 61.1% are owner-occupied. ZIP 55106 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55106 compare to the rest of Saint Paul?

ZIP 55106 is more affordable than Saint Paul overall. At $1,262/mo, it's $218 below the Saint Paul citywide median of $1,480/mo.

When was rent data for ZIP 55106 last updated?

Rent data for ZIP 55106 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,262/mo, rent takes ~22% of ZIP 55106's median household income ($70,187/yr). The standard benchmark is 30%.

ZIP 55106 22%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55106 (Saint Paul, MN)

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