Cost of Living in St. Louis Park, MN
Population: 49,541 • 2026 Data
$100,250
Median Household Income
+30% vs national
$1,589
Median Monthly Rent
+18% vs national
$371,600
Median Home Value
+10% vs national
3.3%
Unemployment Rate
Housing in St. Louis Park
The median home value in St. Louis Park, MN is $371,600. Monthly rent for a typical unit averages $1,589, while total monthly housing costs (including utilities and insurance) average $1,664.
Rent-to-income ratio: 19.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in St. Louis Park, MN is $100,250. The unemployment rate stands at 3.3%, with a labor force of 31,530 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.