ZIP Code · MN

ZIP 55118

Pop. 29,564·Dakota County·93rd most expensive ZIP in Minnesota
Median rent (all units)
$1,477/mo
Year-over-Year
+0.8%
Month-over-Month
-0.5%
vs US Median
-$455
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55118 · $1,477
More affordable than 75% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,270
2 BR
$1,550
3 BR
$2,050
4 BR+
$2,300
Research median
$1,550/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 55118 is 0.8% below its high of $1,489 in June 2026, at $1,477 as of September 2026.

Past year vs. the rest of Minnesota

Rent in ZIP 55118 changed +0.8% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($87,340) is $2,184 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,050); a 4-bedroom is $2,300.

Cheaper nearby

ZIP 55106, 5 miles away, rents for 10% less ($1,326/mo), about $1,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55118. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,724/yr
At $1,477/mo median
Location
StateMN
CountyDakota County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.8% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 55118 (West Saint Paul, MN) is majority owner-occupied, has a large retiree population, 45.5% of residents hold a bachelor's degree or higher.

Population
29,564
Median income
$87,340
Median age
42.4
Renters
34.9%
Age distribution
19.1%
21.7%
23%
12.1%
24%
Under 1819.1%
18–3421.7%
35–5423%
55–6412.1%
65+24%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
74.5%
15.9%
White74.5%
Black4.5%
Hispanic15.9%
Asian1.5%
Other3.5%
Education (25+)
19.9%
28.9%
45.5%
No HS diploma5.7%
HS diploma19.9%
Some college28.9%
Bachelor's+45.5%
Housing tenure
65.1%
34.9%
Owner65.1%
Renter34.9%

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

2023 vs 2026

How ZIP 55118 in West Saint Paul, MN has changed in 5 years

Rent
$1,346 → $1,477
up 9.7%
Income
$72,938 → $87,340
up 19.7%
Population
28,774 → 29,564
up 2.7%
Renter share
33.3% → 34.9%
+1.6 pts
Bachelor's+
44.1% → 45.5%
+1.4 pts

The median rent in ZIP 55118 in West Saint Paul, MN stood at $1,346 in 2023 and currently runs about $1,477, reflecting a 9.7% increase over the period. Household income in the area moved from $72,938 to $87,340 across the same window, up 19.7% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.7% since 2021, moving from about 28,774 residents to roughly 29,564. Renters now make up 34.9% of households, compared with 33.3% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 55118 in West Saint Paul, MN look reasonable against where the market sat half a decade ago.

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About renting in ZIP 55118

Last updated: October 17, 2026

ZIP code 55118 covers West Saint Paul, MN. The median rent here is $1,477/mo as of October 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,550/mo.

At 20% of local median household income ($87,340/yr), ZIP 55118 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55118?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,477/mo in ZIP 55118. The local median household income is $87,340/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55118?

Rent in ZIP 55118 has risen 0.8% over the past year as of September 2026. It sits 0.8% below its high of $1,489 in June 2026.

How does ZIP 55118 compare to other ZIPs in Minnesota?

ZIP 55118 is one of the more affordable among Minnesota ZIP codes for rent, ranking #93 of 123 at $1,477/mo. Over the year to September 2026, rent in ZIP 55118 changed +0.8%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.

How does ZIP 55118 compare to the rest of West Saint Paul?

At $1,477/mo, ZIP 55118 is $49 above the West Saint Paul citywide median of $1,428/mo.
Income Affordability
20%
VERY AFFORDABLE

At $1,477/mo, rent takes ~20% of ZIP 55118's median household income ($87,340/yr). The standard benchmark is 30%.

ZIP 55118 20%Benchmark 30%
State income tax5.35–9.85%
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Public schools near ZIP 55118 (West Saint Paul, MN)

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