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ZIP Code · MN

ZIP 55117

Pop. 44,697·Ramsey County·105th most expensive ZIP in Minnesota
Median rent (all units)
$1,385/mo
Year-over-Year
+7.0%
Month-over-Month
-1.4%
vs US Median
-$580
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55117 · $1,385
More affordable than 82% 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
$16,620/yr
At $1,385/mo median
Location
StateMN
CountyRamsey County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.0% YoY, -1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 55117 (Saint Paul, MN) is majority owner-occupied, has a large share of families with children, 31.5% of residents hold a bachelor's degree or higher.

Population
44,697
Median income
$70,771
Median age
32.1
Renters
38.7%
Age distribution
28.6%
25.3%
24.1%
Under 1828.6%
18–3425.3%
35–5424.1%
55–6411%
65+11%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
42.3%
16.4%
23.7%
White42.3%
Black16.4%
Hispanic11.2%
Asian23.7%
Other6.5%
Education (25+)
13.9%
24.6%
30%
31.5%
No HS diploma13.9%
HS diploma24.6%
Some college30%
Bachelor's+31.5%
Housing tenure
61.3%
38.7%
Owner61.3%
Renter38.7%

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

2021 vs 2026

How ZIP 55117 in Saint Paul, MN has changed in 5 years

Rent
$1,154 → $1,385
up 20.0%
Income
$62,558 → $70,771
up 13.1%
Population
46,743 → 44,697
down 4.4%
Renter share
41.8% → 38.7%
-3.1 pts
Bachelor's+
29.3% → 31.5%
+2.2 pts

Rent in ZIP 55117 in Saint Paul, MN has increased 20.0% since 2021, going from about $1,154 per month to roughly $1,385 today. Census figures show median household income at $70,771 today, compared with $62,558 five years earlier. Rent outpaced income growth by roughly 6.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 46,743 to 44,697 between 2021 and 2024, a 4.4% change. About 38.7% of households rent today, against 41.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 29.3% to 31.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 55117

About renting in ZIP 55117

Last updated: July 20, 2026

ZIP code 55117 covers Saint Paul, MN. The median rent here is $1,385/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 23% of local median household income ($70,771/yr), ZIP 55117 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55117?

As of July 20, 2026, the median monthly rent in ZIP 55117 (Saint Paul, MN) is $1,385. This is based on aggregated data from public sources and community submissions.

How does ZIP 55117 rent compare to the US average?

ZIP 55117's median rent of $1,385/mo is $580 (30%) below the US national median of $1,965/mo.

How does ZIP 55117 compare to other ZIPs in Minnesota?

ZIP 55117 is among the more affordable ZIP codes in Minnesota, ranking #105 out of 123 ZIPs at $1,385/mo.

How much income do you need to rent in ZIP 55117?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,385/mo in ZIP 55117. The local median household income is $70,771/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55117?

Rent in ZIP 55117 has increased 7.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55117 an affordable place to rent?

ZIP 55117 is considered very affordable for renters. At $1,385/mo, rent takes approximately 23% of the local median household income ($70,771/yr). The standard benchmark is 30%. ZIP 55117 falls comfortably within that range.

What percentage of ZIP 55117 residents rent vs. own?

According to Census data, approximately 38.7% of ZIP 55117 households are renters, while 61.3% are owner-occupied. ZIP 55117 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55117 compare to the rest of Saint Paul?

ZIP 55117 is more affordable than Saint Paul overall. At $1,385/mo, it's $95 below the Saint Paul citywide median of $1,480/mo.

When was rent data for ZIP 55117 last updated?

Rent data for ZIP 55117 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,385/mo, rent takes ~23% of ZIP 55117's median household income ($70,771/yr). The standard benchmark is 30%.

ZIP 55117 23%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55117 (Saint Paul, MN)

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