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St. Louis Park

Learn about the people, housing, costs and businesses in St. Louis Park, Minnesota

Median Home$410,833
Median Rent$1,778/month
Population49,594
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services14% arts, food & hospitality
Home Value Growth+4.0% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners58% of occupied units
NotableHighly Educated41% bachelor's · 15% graduate · top 1% nationally
NotableAmenity Score78/100 · highly walkable area
St. Louis Park
MN

Explore St. Louis Park

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in St. Louis Park?

As of today, the 30-year fixed mortgage rate for St. Louis Park is approximately 6.918% (6.955% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in St. Louis Park?

The median home value in St. Louis Park is $411k. The median monthly rent is $1,778. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in St. Louis Park?

Home values in St. Louis Park have increased 4.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in St. Louis Park?

Based on a typical all-in ownership cost of $1,818/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in St. Louis Park is $108k/year.

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What industries drive the economy in St. Louis Park?

The largest employment sectors in St. Louis Park are public administration (25%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.