Real Estate Investing in Saint Louis Park, Minnesota (55416)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55416 (Saint Louis Park, 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 Louis Park, MN (55416)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55416 Saint Louis Park
The 55416 ZIP in Saint Louis Park, MN is a local-operator market. Outside capital chasing a $421K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55416 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader MN picture, 55416 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 55416 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
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 Louis Park:
Property Strategy for 55416
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $186,599 | $1,780 | 6.9% | +0.1% | $186,599 |
| 2BR | $319,519 | $2,160 | 4.9% | +2.4% | $159,759 |
| 3BR | $456,643 | $2,860 | 4.5% | +3.3% | $152,214 |
| 4BR | $633,866 | $3,200 | 3.6% | +4.4% | $158,466 |
| 5BR | $854,945 | — | — | +5.3% | $170,989 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55416 Compare?
| Metric | 55416 | Saint Louis Park | Minnesota |
|---|---|---|---|
| Home Value | $420,799 | $399,468 | $340,597 |
| 5-Year CAGR | 2.0% | 2.3% | 4.9% |
| Avg Rent | $1,901 | $1,858 | - |
| Cap Rate | 3.5% | 3.6% | - |
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 55416 (Saint Louis Park, MN). Anonymous, moderated, never written by AI.
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Property managers serving Hennepin County
Manage rentals here? List your business →JJS Property Management of Central Minnesota offers a wide choice of apartments in various areas including Avon, Buffalo, Milaca, Monticello, Royalton, Sartell, Sauk Rapids, St. Cloud, and St. Joseph. summary from their website
MGM Property Management, LLC provides property management services for rental properties, homeowner associations, and commercial tenants in the Twin Cities, Rochester, and St. Cloud areas. 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
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 | $420,799 |
| Monthly Rent | $1,901 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 5.6% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 Rent Trends
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +2.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 55416
Population: 34,905
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 55416
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BRYN MAWR ELEMENTARY
LYNDALE ELEMENTARY
AQUILA ELEMENTARY
Ella Baker Elementary
Green Central 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 3,134 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Saint Louis Park, MN?
Average rent in Saint Louis Park, MN is approximately $1,901/mo per month. Against $421K home values that yields a reasonable rent-to-price ratio.
How deep is the rental pool in Saint Louis Park, MN?
Saint Louis Park, MN draws a measured base of working renters. Demand at the $1,901/mo rent level is reasonable for standard single-family and small multi rentals.
How much should I expect to pay for a home in Saint Louis Park, MN?
Saint Louis Park, MN median home values land near $421K. That is reasonable territory for investors looking at $1,901/mo-per-month rentals.
Which investment style suits Saint Louis Park, MN?
In Saint Louis Park, MN the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $421K prices and $1,901/mo rents suits that approach.
Should investors consider Saint Louis Park, MN?
Yes - Saint Louis Park, MN a 3.0/5 investability score. With $421K home prices against $1,901/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 55416 now. You don’t know where it ranks.
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How 55416 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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