Real Estate Investing in Saint Paul, Minnesota (55101)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55101 (Saint Paul, MN)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.6% of homes vacant — above national norms.
- Declining values: -0.1% 5-year CAGR — values have moved lower.
What’s happening in Saint Paul, MN (55101)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55101 Saint Paul
This part of Ramsey County is not an easy win. The 55101 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $186K asset, 55101 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 55101 sits on the difficult end of the MN spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The 55101 ZIP's population of 7,937 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Saint Paul:
Property Strategy for 55101
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $163,967 | $1,680 | 7.4% | -1.4% | $163,967 |
| 2BR | $259,430 | $2,040 | 5.7% | -2.6% | $129,715 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55101 Compare?
| Metric | 55101 | Saint Paul | Minnesota |
|---|---|---|---|
| Home Value | $185,726 | $262,186 | $340,597 |
| 5-Year CAGR | N/A | 1.7% | 4.9% |
| Avg Rent | $1,576 | $1,440 | - |
| Cap Rate | 6.6% | 3.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55101 (Saint Paul, MN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 55101 (Saint Paul, MN)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Ramsey County
Manage rentals here? List your business →Property Care provides HOA Management services. summary from their website
Simply Residential Property Management offers expert management of single-family, condominiums, and multi-family dwellings throughout the Twin Cities. summary from their website
Spire Community Management provides HOA management services in Minnesota, with a local phone number for the state. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $185,726 |
| Monthly Rent | $1,576 |
| Price-to-Rent | 9.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.2% |
| Cap Rate | 6.6% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | -0.1% ▼ |
| 10-Year CAGR | +2.8% ▲ |
🏠 Rent Trends
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +1.6% ▲ |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 55101
Population: 7,937
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 55101
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
AMERICAN INDIAN MAGNET SCHOOL
BENJAMIN E MAYS MAGNET
BRUCE F VENTO ELEMENTARY
FARNSWORTH AEROSPACE LOWER
CHEROKEE HEIGHTS ELEMENTARY SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,974 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Saint Paul, MN good for house hacking?
House hacking works a challenging in Saint Paul, MN. Rents of $1,576/mo against $186K acquisition make the strategy solid for owner-occupants.
What kind of market is Saint Paul, MN for investors?
With a 3.0/5 investability score, Saint Paul, MN ranks as a solid market for rental property investors. Median prices of $186K and rents of $1,576/mo drive the underlying numbers.
Do rentals sit vacant long in Saint Paul, MN?
Vacancy in Saint Paul, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,576/mo.
What is it like being a landlord in Saint Paul, MN?
Rental owners in Saint Paul, MN deal with a balanced legal framework. Most standard eviction processes run on reasonable timelines.
What is the typical renter like in Saint Paul, MN?
The tenant pool in Saint Paul, MN is solid, supported by local employment and population fundamentals. Rents of $1,576/mo are well-absorbed by the market.
You know 55101 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55101 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 55101 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 55101 (Saint Paul)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 55101 (Saint Paul, MN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.