St. Louis Park, Minnesota is a part of the West Submarket submarket area.
The 2019 average effective rent for Class A, B, and C apartments in the St. Louis Park, MN submarket area was $1,424, which is 23.40% higher than 2014 average rent. This represents a compounded annual growth rate of 4.29%. 2019 vacancy in St. Louis Park, MN was 3.80%.
The total population of the city of St. Louis Park, MN has grown 8.37% since 2010. As of 2018, the population was 49,039. The median household income of the St. Louis Park was $75,690, which is 25.54% higher than the national average.