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St. Paul city, MN

ZIP 55114 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55114

Median Home Value
$296,900
Median Rent
$1,499
Affordability Snapshot
$82,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,907/mo PITI).

28%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

16.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 55114 in St. Paul city, MN, a household would need roughly $82,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,907. That is about 26% above the local median household income ($65,236), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
21.6%-67% vs US avg
x
Vacancy Rate
13.4%+30% vs US avg
x
Broadband Access
91.1%+5% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
1.1%-91% vs US avg
x
Built Post-2014
3.0%-57% vs US avg
x
Rent Burden >30%
14.3%-71% vs US avg
x
Mortgage-Free
27.5%-28% vs US avg
x
$296,900
Home Value
$1,499
Rent
2003
Year Built
N/A
Moved In
Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached7.3%
  • 1-unit attached3.1%
  • 2-9 units5.9%
  • 10+ units83.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$296,900
Median rent$1,499
Owner-occupied21.6%
Vacant13.4%
Price-to-income4.6x
Est. income to buy$82,000