St. Louis Park, MN · Minneapolis metro
September 2026
55416,55426
Long-term Rental Rates
Long-term rental rates for St. Louis Park (55416,55426), in the Minneapolis metro area, as of September 2026.
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,500 – $1,658 | 3.99% | 11.73% |
| 2-Bedroom | $1,946 – $2,151 | 6.24% | 7.75% |
| 3-Bedroom | $2,430 – $2,696 | 7.88% | 4.16% |
| 4-Bedroom | $2,892 – $3,067 | 0.67% | 1.97% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,533 – $1,634 | 4.85% | 4.27% |
| 2-Bedroom | $2,007 – $2,140 | 2.63% | 4.15% |
| 3-Bedroom | $2,541 – $2,698 | 2.95% | -1.81% |
| 4-Bedroom | $2,994 – $3,152 | 0.46% | 1.71% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,767 – $1,855 | 0.56% | 6.69% |
| 2-Bedroom | $1,996 – $2,099 | -0.09% | 1.98% |
| 3-Bedroom | $2,419 – $2,543 | -1.59% | -1.98% |
| 4-Bedroom | $2,999 – $3,229 | 3.48% | 4.02% |
In the St. Louis Park (55416, 55426) rental market, 1-bedroom single-family homes rose 12.8% month-over-month to a median rent of $1,785, standing higher than apartments at $1,541 and condo/townhome units at $1,531. This increase marks the most notable jump among all short-term segment changes.
Median rent for 2-bedroom condos/townhomes in St. Louis Park (55416, 55426) decreased by 3.8% month-over-month to $2,020, which is a slightly larger drop than the 2-bedroom apartment segment falling 3.5% to $2,018. Meanwhile, 2-bedroom single-family homes declined 5.2% to $2,050.
Among key segments, St. Louis Park (55416, 55426) rental trends show 3-bedroom apartment rents fell 1.9% year-over-year to $2,420. By comparison, 3-bedroom condos/townhomes dropped 5.0% YoY to $2,531, while 3-bedroom single-family homes experienced a slight 0.7% YoY increase to $2,582.