Long-term Rental Rates — August 2026 · ZIPs: 55416,55426
Local market data by Estaite
As of August 2026, rental prices in St.
Louis Park, MN range from $1,531 to $3,058 per month depending on property type and bedroom count.
The largest year-over-year decline occurred in 3-bedroom condos/townhomes, which fell 5.01%.
Comparing 2-bedroom options, single-family homes rent for $2,050 while condos/townhomes are at $2,020.
What is the range of median rent prices in St. Louis Park, MN as of August 2026?
Median rents in St. Louis Park, MN in August 2026 range from $1,531 for a 1-bedroom condo/townhome to $3,058 for a 4-bedroom condo/townhome.
Which rental segment in St. Louis Park, MN saw the biggest annual decline, and was the drop widespread or focused on a specific category?
The 3-bedroom condo/townhome segment in St. Louis Park, MN had the sharpest year-over-year decline at -5.01% in August 2026, while other condo/townhome sizes saw much smaller changes, making this decrease concentrated in that bedroom count.
What is the most affordable rental option available in St. Louis Park, MN as of August 2026?
The lowest median rent is found in 1-bedroom condos/townhomes at $1,531 according to the August 2026 report.
What is the rent premium between condos/townhomes and single-family homes for the same bedroom count in St. Louis Park, MN?
As of August 2026, single-family homes in St. Louis Park, MN rent for $1,785 (1BR), $2,050 (2BR), $2,582 (3BR), and $2,991 (4BR), while comparable condos/townhomes rent for $1,531 (1BR), $2,020 (2BR), $2,531 (3BR), and $3,058 (4BR), so single-family homes are higher for 1BR–3BR by $254, $30, and $51, but 4BR condos/townhomes exceed single-family by $67.
St. Louis Park, MN
August 2026
55416,55426
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,464 – $1,618
-1.17%
9.43%
2-Bedroom
$1,917 – $2,119
-3.47%
6.85%
3-Bedroom
$2,360 – $2,481
0.99%
-1.93%
4-Bedroom
$2,892 – $3,046
0.71%
2.20%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,493 – $1,569
-5.50%
-0.57%
2-Bedroom
$1,970 – $2,071
-3.77%
1.29%
3-Bedroom
$2,437 – $2,624
-1.09%
-5.01%
4-Bedroom
$2,994 – $3,150
0.83%
1.85%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,755 – $1,848
12.80%
6.98%
2-Bedroom
$1,999 – $2,101
-5.17%
2.97%
3-Bedroom
$2,466 – $2,698
-3.94%
-0.74%
4-Bedroom
$2,901 – $3,080
3.06%
1.16%
Data updated: September 22, 2026
St. Louis Park Rental Trends
In the St. Louis Park (55416, 55426) rental market, 2-bedroom apartment rents surged to $2,017 in July, posting an 8.97% month-over-month increase. This elevated growth rate highlights 2BR apartments as the fastest-appreciating segment within St. Louis Park (55416, 55426) during the reference period.
Rents for single-family 1-bedroom units in St. Louis Park (55416, 55426) fell sharply to $1,587, marking an 8.47% decrease month-over-month. This decline registers as the largest contraction among all property type and bedroom combinations, distinguishing single-family 1BR performance from apartment and condo segments.
Comparisons within the St. Louis Park (55416, 55426) rental trends show that 1-bedroom condos/townhomes command a premium over 1-bedroom apartments, with median rent of $1,606 versus $1,550. The 3.88% MoM rise for condo 1BRs also outperforms the 0.59% increase recorded for apartments, reflecting stronger short-term growth.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,541
$2,018
$2,420
$2,958
July 2026
$1,550
$2,017
$2,373
$2,936
June 2026
$1,524
$1,811
$2,450
$2,902
May 2026
$1,477
$1,908
$2,429
$2,811
April 2026
$1,384
$1,871
$2,470
$2,828
March 2026
$1,478
$1,900
$2,475
$2,874
February 2026
$1,494
$1,898
$2,510
$2,897
January 2026
$1,433
$1,886
$2,456
$2,928
December 2025
$1,417
$1,864
$2,467
$2,954
November 2025
$1,465
$1,927
$2,464
$2,959
October 2025
$1,437
$1,899
$2,483
$2,942
September 2025
$1,407
$1,843
$2,473
$2,920
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,531
$2,020
$2,531
$3,058
July 2026
$1,606
$2,094
$2,581
$3,033
June 2026
$1,543
$2,059
$2,545
$2,999
May 2026
$1,541
$2,119
$2,572
$2,960
April 2026
$1,563
$2,061
$2,559
$2,941
March 2026
$1,579
$2,062
$2,574
$2,940
February 2026
$1,567
$2,001
$2,597
$2,961
January 2026
$1,529
$2,017
$2,636
$2,987
December 2025
$1,533
$2,002
$2,660
$3,011
November 2025
$1,562
$2,058
$2,697
$3,030
October 2025
$1,539
$2,034
$2,715
$3,031
September 2025
$1,511
$1,979
$2,657
$3,021
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,785
$2,050
$2,582
$2,991
July 2026
$1,587
$2,162
$2,699
$2,899
June 2026
$1,734
$2,096
$2,635
$2,902
May 2026
$1,712
$2,064
$2,673
$2,919
April 2026
$1,695
$1,990
$2,584
$3,012
March 2026
$1,684
$1,976
$2,592
$2,964
February 2026
$1,680
$1,987
$2,589
$2,908
January 2026
$1,675
$1,990
$2,587
$2,862
December 2025
$1,683
$1,999
$2,610
$2,920
November 2025
$1,690
$2,013
$2,604
$2,952
October 2025
$1,688
$2,011
$2,597
$2,969
September 2025
$1,681
$2,004
$2,575
$2,939
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