What is the rental vacancy rate in St. Louis Park, MN?
The rental vacancy rate in St. Louis Park, MN is 6.1% (±2.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.4% (±0.9 points).
1,418 (±319) homes, 5.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In St. Louis Park, the rental vacancy rate went from 4.3% in 2015–2019 to 6.1% in 2020–2024 (+1.8 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 6.1% (±2.0 points)
- Homeowner vacancy rate
- 1.4% (±0.9 points)
- Vacant homes
- 1,418 (±319)
Vacancy in St. Louis Park against Hennepin County, its state and the nation
| St. Louis Park | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 6.1% (±2.0 points) | 5.9% (±0.5 points) | 5.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.4% (±0.9 points) | 0.6% (±0.1 points) | 0.6% (±0.1 points) | 0.9% |
| Vacant housing units | 1,418 (±319) | 32,034 (±1,888) | 237,075 (±4,795) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In St. Louis Park, the rental vacancy rate is not measurably different from Hennepin County (5.9%).
It is not measurably different from Minnesota (5.3%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near St. Louis Park
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| St. Louis Park | — | 6.1% (±2.0 points) | — |
| Hopkins | 2.5 mi | 3.1% (±2.4 points) | Not measurably different |
| Golden Valley | 2.9 mi | 5.6% (±4.2 points) | Not measurably different |
| Edina | 4.0 mi | 6.8% (±3.3 points) | Not measurably different |
| Medicine Lake | 4.2 mi | 2.2% (±4.3 points) | Not measurably different |
| Minnetonka | 4.6 mi | 5.6% (±2.6 points) | Not measurably different |
| Minneapolis | 4.8 mi | 6.7% (±0.8 points) | Not measurably different |
| Robbinsdale | 5.5 mi | 2.8% (±3.0 points) | Not measurably different |
| New Hope | 6.1 mi | 5.4% (±2.4 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Hennepin County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 5 | Edina | 6.8% (±3.3 points) |
| 6 | Minneapolis | 6.7% (±0.8 points) |
| 7 | Long Lake | 6.5% (±7.4 points) |
| 8 | Crystal | 6.4% (±3.5 points) |
| 9 | Eden Prairie | 6.2% (±3.6 points) |
| 10 (tie) | Mound | 6.1% (±6.4 points) |
| 10 (tie) | St. Louis Park | 6.1% (±2.0 points) |
| 12 (tie) | Golden Valley | 5.6% (±4.2 points) |
| 12 (tie) | Minnetonka | 5.6% (±2.6 points) |
| 14 | New Hope | 5.4% (±2.4 points) |
| 15 | Bloomington | 5.2% (±1.8 points) |
| 16 (tie) | Brooklyn Center | 5.1% (±3.2 points) |
| 16 (tie) | Plymouth | 5.1% (±2.2 points) |
Showing 13 of 42 places in Hennepin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about St. Louis Park
Is it hard to find a rental in St. Louis Park?
The rental vacancy rate in St. Louis Park, MN is 6.1% (±2.0 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in St. Louis Park tighter than it was?
In St. Louis Park, the rental vacancy rate went from 4.3% in 2015–2019 to 6.1% in 2020–2024 (+1.8 percentage points), not a measurable change.
How many homes are vacant in St. Louis Park?
An estimated 1,418 (±319) housing units, 5.5% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — St. Louis Park city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — St. Louis Park city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for St. Louis Park city, Minnesota (place:57220, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in St. Louis Park at a glance
- Median rent in St. Louis Park
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- Rent burden in St. Louis Park
- Renters and owners in St. Louis Park
- Income and affordability in St. Louis Park
- Home values in St. Louis Park
- Homeowner costs in St. Louis Park
- Property taxes in St. Louis Park
- Types of homes in St. Louis Park
- Bedrooms in St. Louis Park
- Age of homes in St. Louis Park
- Heating fuel in St. Louis Park
- Commute and cars in St. Louis Park
- Crime reported to police in St. Louis Park
- Population growth in St. Louis Park
- How long people stay in St. Louis Park
- Crowding and facilities in St. Louis Park
- Minnesota landlord and tenant rules
- Housing across Hennepin County
- Minnesota places ranked by rental vacancy rate
- Housing data for every place in Minnesota