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ZIP Code · MN

ZIP 55114

Pop. 5,049·Ramsey County·74th most expensive ZIP in Minnesota
Median rent (all units)
$1,580/mo
Year-over-Year
+9.2%
Month-over-Month
+2.7%
vs US Median
-$385
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 55114 · $1,580
More affordable than 68% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,420
1 BR
$1,610
2 BR
$1,960
3 BR
$2,590
4 BR+
$2,900
Research median
$1,960/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
$18,960/yr
At $1,580/mo median
Location
StateMN
CountyRamsey County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.2% YoY, +2.7% MoM), not inventory.
Demographics

Who lives here

ZIP 55114 (Saint Paul, MN) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 65.7% of residents hold a bachelor's degree or higher.

Population
5,049
Median income
$62,766
Median age
30.8
Renters
82.9%
Age distribution
57.4%
16.6%
Under 1811.4%
18–3457.4%
35–5416.6%
55–647%
65+7.5%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
57.9%
23.7%
White57.9%
Black23.7%
Hispanic6%
Asian9.3%
Other3.1%
Education (25+)
20.2%
65.7%
No HS diploma3%
HS diploma20.2%
Some college11.1%
Bachelor's+65.7%
Housing tenure
17.1%
82.9%
Owner17.1%
Renter82.9%

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

2021 vs 2026

How ZIP 55114 in Saint Paul, MN has changed in 5 years

Income
$63,651 → $62,766
down 1.4%
Population
3,124 → 5,049
up 61.6%
Renter share
72.7% → 82.9%
+10.2 pts
Bachelor's+
71.4% → 65.7%
-5.7 pts
Median age
32.8 → 30.8
-2.0 yrs

On the earnings side, the typical household in ZIP 55114 in Saint Paul, MN now reports about $62,766, up from $63,651 in 2021. Census counts show ZIP 55114 in Saint Paul, MN adding about 1,925 residents over the five-year window, up 61.6% on net. The renter share has risen from 72.7% to 82.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 71.4% to 65.7% across the same window.

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Local insights

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About renting in ZIP 55114

Last updated: July 20, 2026

ZIP code 55114 covers Saint Paul, MN. The median rent here is $1,580/mo as of July 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,960/mo.

At 30% of local median household income ($62,766/yr), ZIP 55114 ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55114?

As of July 20, 2026, the median monthly rent in ZIP 55114 (Saint Paul, MN) is $1,580. This is based on aggregated data from public sources and community submissions.

How does ZIP 55114 rent compare to the US average?

ZIP 55114's median rent of $1,580/mo is $385 (20%) below the US national median of $1,965/mo.

How does ZIP 55114 compare to other ZIPs in Minnesota?

ZIP 55114 falls in the middle range for Minnesota, ranking #74 out of 123 ZIPs at $1,580/mo.

How much income do you need to rent in ZIP 55114?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,580/mo in ZIP 55114. The local median household income is $62,766/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 55114?

Rent in ZIP 55114 has increased 9.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55114 an affordable place to rent?

ZIP 55114 is considered moderate for renters. At $1,580/mo, rent takes approximately 30% of the local median household income ($62,766/yr). The standard benchmark is 30%. ZIP 55114 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 55114 residents rent vs. own?

According to Census data, approximately 82.9% of ZIP 55114 households are renters, while 17.1% are owner-occupied. With a majority renter population, ZIP 55114 has a strong rental market.

How does ZIP 55114 compare to the rest of Saint Paul?

ZIP 55114 is pricier than Saint Paul as a whole. At $1,580/mo, it's $100 above the Saint Paul citywide median of $1,480/mo.

When was rent data for ZIP 55114 last updated?

Rent data for ZIP 55114 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,580/mo, rent takes ~30% of ZIP 55114's median household income ($62,766/yr). The standard benchmark is 30%.

ZIP 55114 30%Benchmark 30%
State income tax5.35–9.85%
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