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ZIP Code · MN

ZIP 55426

Pop. 25,251·Hennepin County·37th most expensive ZIP in Minnesota
Median rent (all units)
$1,875/mo
Year-over-Year
+18.0%
Month-over-Month
-2.0%
vs US Median
-$90
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55426 · $1,875
More expensive than 53% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$22,500/yr
At $1,875/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 18.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+18.0% YoY, -2.0% 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
$1,428 → $1,875
up 31.3%
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 $1,428 to $1,875, a 31.3% 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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Local insights

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About renting in ZIP 55426

Last updated: July 20, 2026

ZIP code 55426 covers Saint Louis Park, MN. The median rent here is $1,875/mo as of July 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,780/mo.

At 23% of local median household income ($99,347/yr), ZIP 55426 ranks as affordable compared to the national benchmark of 30%. Rents have increased 18.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55426?

As of July 20, 2026, the median monthly rent in ZIP 55426 (Saint Louis Park, MN) is $1,875. This is based on aggregated data from public sources and community submissions.

How does ZIP 55426 rent compare to the US average?

ZIP 55426's median rent of $1,875/mo is $90 (5%) below the US national median of $1,965/mo.

How does ZIP 55426 compare to other ZIPs in Minnesota?

ZIP 55426 is one of the pricier ZIP codes in Minnesota, ranking #37 out of 123 ZIPs tracked at $1,875/mo.

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 $75,000/year (~$36/hour full-time) to afford the median rent of $1,875/mo in ZIP 55426. The local median household income is $99,347/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55426?

Rent in ZIP 55426 has increased 18.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55426 an affordable place to rent?

ZIP 55426 is considered very affordable for renters. At $1,875/mo, rent takes approximately 23% of the local median household income ($99,347/yr). The standard benchmark is 30%. ZIP 55426 falls comfortably within that range.

What percentage of ZIP 55426 residents rent vs. own?

According to Census data, approximately 35.7% of ZIP 55426 households are renters, while 64.3% are owner-occupied. ZIP 55426 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55426 compare to the rest of Saint Louis Park?

ZIP 55426 is pricier than Saint Louis Park as a whole. At $1,875/mo, it's $20 above the Saint Louis Park citywide median of $1,855/mo.

When was rent data for ZIP 55426 last updated?

Rent data for ZIP 55426 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,875/mo, rent takes ~23% of ZIP 55426's median household income ($99,347/yr). The standard benchmark is 30%.

ZIP 55426 23%Benchmark 30%
State income tax5.35–9.85%
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