St. Louis Park, MN Rental Market Data

As of June 2026, rental prices in St. Louis Park, MN range from $1,524 to $2,999 per month depending on property type and bedroom count.

The largest year-over-year decrease occurred in 3-bedroom condo/townhome units in St. Louis Park, MN at -5.52%.

For 2-bedroom units in June 2026, single-family homes have a median rent of $2,096 compared to $2,059 for condos/townhomes.

What is the current rent range in St. Louis Park, MN for June 2026?

In June 2026, rents in St. Louis Park, MN span from $1,524 for a 1-bedroom apartment to $2,999 for a 4-bedroom condo/townhome.

Which segment saw the largest annual rent decrease in St. Louis Park, MN, and is this decline broad or limited?

The 3-bedroom condo/townhome sector in St. Louis Park, MN saw the largest year-over-year decline at -5.52%, with other condo/townhome bedrooms showing smaller changes, so the drop is mainly limited to the 3-bedroom segment.

What is the most affordable property/bedroom combination in St. Louis Park, MN as of June 2026?

The lowest median rent in St. Louis Park, MN for June 2026 is $1,524 for a 1-bedroom apartment.

What is the price gap between condo/townhome and single-family rentals for the same bedroom count in St. Louis Park, MN?

For 2-bedroom units in St. Louis Park, MN as of June 2026, condos/townhomes rent for $2,059 while single-family homes rent for $2,096, resulting in a $37 gap with single-family homes being higher.

St. Louis Park, MN

June 2026

55416,55426

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,448 – $1,600	2.37%	7.81%
2-Bedroom	$1,720 – $1,901	-6.49%	-1.50%
3-Bedroom	$2,352 – $2,548	-0.50%	0.87%
4-Bedroom	$2,840 – $2,989	3.00%	2.05%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,505 – $1,582	1.48%	0.79%
2-Bedroom	$1,993 – $2,125	-2.87%	3.09%
3-Bedroom	$2,451 – $2,639	-0.89%	-5.52%
4-Bedroom	$2,963 – $3,089	1.34%	2.08%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,704 – $1,795	1.29%	6.02%
2-Bedroom	$2,022 – $2,169	1.03%	7.05%
3-Bedroom	$2,516 – $2,753	-2.14%	1.16%
4-Bedroom	$2,815 – $2,989	-1.01%	-0.55%

Data updated: July 19, 2026

In the St. Louis Park (55416, 55426) rental market, 1-bedroom apartments reached $1,477 in May 2026, registering a 7.17% increase month-over-month and 6.36% year-over-year growth. This is the fastest recent rent escalation among tracked segments, positioning 1BR apartments as a standout for short-term appreciation in St. Louis Park (55416, 55426).

Rent for 2-bedroom condo/townhomes in St. Louis Park (55416, 55426) increased to $2,119, driven by a 6.64% year-over-year gain and a 4.96% rise month-over-month. This YoY rate slightly exceeds the 2-bedroom apartment increase of 3.77% YoY, highlighting that the condo segment is outperforming apartments for mid-sized rentals.

Among St. Louis Park (55416, 55426) rental trends, 4-bedroom single-family homes saw a -3.21% month-over-month decline to $2,919, contrasting with a 0.63% MoM increase for 4-bedroom condo/townhomes. This shift underscores weaker pricing for large single-family units relative to condos as the rental market adjusts.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
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
August 2025	$1,401	$1,812	$2,435	$2,894
July 2025	$1,373	$1,812	$2,432	$2,869

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
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
August 2025	$1,531	$2,008	$2,693	$3,003
July 2025	$1,532	$1,986	$2,673	$2,973

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
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
August 2025	$1,669	$1,993	$2,583	$2,938
July 2025	$1,655	$1,976	$2,607	$2,935

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