Real Estate Investing in Saint Paul, Minnesota (55119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55119 (Saint Paul, MN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Saint Paul, MN (55119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55119 Saint Paul
Stepping back, ZIP 55119 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $305K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 55119 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 55119 offers a low basis, the region around Saint Paul has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 55119 includes headwinds that any investor should price in. Income distribution skews lower than Saint Paul averages, and tenant stability requires active management.
trends toward 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 55119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $168,188 | $1,320 | 5.7% | +4.1% | $168,188 |
| 2BR | $234,474 | $1,600 | 4.9% | +3.9% | $117,237 |
| 3BR | $289,990 | $2,120 | 5.3% | +4.2% | $96,663 |
| 4BR | $369,785 | $2,370 | 4.6% | +4.4% | $92,446 |
| 5BR | $430,111 | — | — | +4.5% | $86,022 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55119 Compare?
| Metric | 55119 | Saint Paul | Minnesota |
|---|---|---|---|
| Home Value | $305,434 | $262,186 | $340,597 |
| 5-Year CAGR | 2.5% | 1.7% | 4.9% |
| Avg Rent | $1,432 | $1,440 | - |
| Cap Rate | 3.7% | 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 55119 (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 | $305,434 |
| Monthly Rent | $1,432 |
| Price-to-Rent | 17.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +3.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 55119
Population: 44,068
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 55119
Schools in This ZIP Code
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 6,390 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Saint Paul, MN a good investment right now?
Investors tracking Saint Paul, MN will find a 3.0/5 rating supported by $305K median home values and $1,432/mo rents. That profile suits long-term holders targeting even-keeled returns.
What is the average home sale price in Saint Paul, MN?
Saint Paul, MN home values average about $305K. That price point suits investors targeting rentals with $1,432/mo in monthly income.
What is the average monthly rent in Saint Paul, MN?
Investors in Saint Paul, MN typically see rents near $1,432/mo per month against $305K home values - a solid setup for rental cash flow.
What type of investing works in Saint Paul, MN?
In Saint Paul, MN the durable play is typically careful cash-flow rentals with hands-on management. The combination of $305K prices and $1,432/mo rents suits that approach.
Should investors worry about vacancy in Saint Paul, MN?
Vacancy risk in Saint Paul, MN is elevated. That supports even-keeled cash flow for typical rental holds.
You know 55119 now. You don’t know where it ranks.
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How 55119 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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