Real Estate Investing in Saint Paul, Minnesota (55114)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55114 (Saint Paul, MN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.9% of homes vacant — above national norms.
- Declining values: -0.6% 5-year CAGR — values have moved lower.
What’s happening in Saint Paul, MN (55114)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55114 Saint Paul
Not every below-median market is a bargain. Saint Paul's 55114 ZIP shows signals that favor experienced operators who can absorb the risk $282K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $282K asset, 55114 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Saint Paul have seen price recovery that 55114 has not matched. Ramsey County data supports the view that the spread is structural rather than temporary.
On the rental side, 4,655 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. substantial returns are possible in 55114, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Saint Paul:
Property Strategy for 55114
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $236,685 | $1,610 | 4.9% | +1.1% | $236,685 |
| 2BR | $285,331 | $1,960 | 4.9% | +0.6% | $142,666 |
| 3BR | $309,964 | $2,590 | 6.0% | +2.0% | $103,321 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55114 Compare?
| Metric | 55114 | Saint Paul | Minnesota |
|---|---|---|---|
| Home Value | $282,027 | $262,186 | $340,597 |
| 5-Year CAGR | N/A | 1.7% | 4.9% |
| Avg Rent | $1,618 | $1,440 | - |
| Cap Rate | 4.5% | 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 55114 (Saint Paul, MN). Anonymous, moderated, never written by AI.
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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 | $282,027 |
| Monthly Rent | $1,618 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 3.9% |
📈 Home Appreciation
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | -0.6% ▼ |
| 10-Year CAGR | +2.5% ▲ |
🏠 Rent Trends
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 55114
Population: 4,655
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 55114
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Global Arts Plus Lower
Marcy Elementary
MAXFIELD ELEMENTARY SCHOOL
SULLIVAN ELEMENTARY
FOUR SEASONS ELEMENTARY
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 4,006 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Saint Paul, MN?
The median home value in Saint Paul, MN is roughly $282K. That puts it reasonable relative to the MN statewide average.
Do rentals sit vacant long in Saint Paul, MN?
Saint Paul, MN sees elevated vacancy, which is reasonable relative to the broader MN rental market.
How landlord-friendly is Saint Paul, MN?
Saint Paul, MN falls under MN landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.
How much is rent in Saint Paul, MN?
Investors in Saint Paul, MN typically see rents near $1,618/mo per month against $282K home values - a solid setup for rental cash flow.
What is the tenant pool like in Saint Paul, MN?
Saint Paul, MN offers a consistent renter base at the $1,618/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 55114 now. You don’t know where it ranks.
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How 55114 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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