ZIP Code · MN

ZIP 55426

Part of Saint Louis Park, MN

Pop. 25,251·Hennepin County·52nd most expensive ZIP in Minnesota

Median rent (all units)

$1,758/mo

Year-over-Year

+4.5%

Month-over-Month

+0.5%

vs US Median

-$174

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 55426 · $1,758

More affordable than 54% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,290

1 BR

$1,460

2 BR

$1,780

3 BR

$2,360

4 BR+

$2,640

Research median

$1,780/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

Cheapest month to sign

January. Asking rents in ZIP 55426 usually run 1.4% below trend in January and 1.2% above it in June, about $46 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 55426 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of Minnesota

Rent in ZIP 55426 changed +4.5% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($99,347) is $2,484 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,360); a 4-bedroom is $2,640.

Cheaper nearby

ZIP 55405, 4 miles away, rents for 23% less ($1,357/mo), about $4,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55426. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,096/yr

At $1,758/mo median

Location

CitySaint Louis Park

StateMN

CountyHennepin County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.5% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 55426 (Saint Louis Park, MN) is majority owner-occupied, has a median income above the national average, 58.9% of residents hold a bachelor's degree or higher.

Population

25,251

Median income

$99,347

Median age

37.1

Renters

35.7%

Age distribution

17.5%

29%

24.7%

18.6%

Under 1817.5%

18–3429%

35–5424.7%

55–6410.2%

65+18.6%

Gender

48.3%

51.7%

Male48.3%

Female51.7%

Race & ethnicity

77.6%

White77.6%

Black4.3%

Hispanic5.4%

Asian5%

Other7.6%

Education (25+)

13.7%

23.8%

58.9%

No HS diploma3.5%

HS diploma13.7%

Some college23.8%

Bachelor's+58.9%

Housing tenure

64.3%

35.7%

Owner64.3%

Renter35.7%

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

2021 vs 2026

How ZIP 55426 in Saint Louis Park, MN has changed in 5 years

Rent

$1,412 → $1,758

up 24.5%

Income

$84,911 → $99,347

up 17.0%

Population

25,711 → 25,251

down 1.8%

Renter share

35.5% → 35.7%

+0.2 pts

Bachelor's+

55% → 58.9%

+3.9 pts

Since 2021, the typical rent in ZIP 55426 in Saint Louis Park, MN has increased from $1,412 to $1,758, a 24.5% change over five years. Household income in the area moved from $84,911 to $99,347 across the same window, up 17.0% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.8% since 2021, moving from about 25,711 residents to roughly 25,251. College-educated residents now make up 58.9% of adults here, versus 55% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 55426 in Saint Louis Park, MN look reasonable against where the market sat half a decade ago.

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About renting in ZIP 55426

Last updated: October 17, 2026

ZIP code 55426 covers Saint Louis Park, MN. The median rent here is $1,758/mo as of October 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,780/mo.

At 21% of local median household income ($99,347/yr), ZIP 55426 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55426?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,758/mo in ZIP 55426. The local median household income is $99,347/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55426?

Rent in ZIP 55426 has risen 4.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 55426?

Asking rents in ZIP 55426 are usually lowest in January, about 1.4% below their yearly trend, and highest in June, about 1.2% above it. At today's median that is a gap of roughly $46 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 55426 compare to other ZIPs in Minnesota?

ZIP 55426 is in the middle among Minnesota ZIP codes for rent, ranking #52 of 123 at $1,758/mo. Over the year to September 2026, rent in ZIP 55426 changed +4.5%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.