Home prices
The median home in St. Louis Park is valued at $271,600. Compared to nearby areas it is about $142,180 (34%) lower.Compared to the rest of the nation it is approximately $54,100 (24%) higher, and is approximately $20,000 (7%) higher compared to the city of Minneapolis.
Rents
St. Louis Park's median monthly rent is $1,232. This is is very similar compared to its nearby areas.It is about $170 (16%) higher in comparison to the US as a whole, and is approximately $205 (19%) higher compared to the city of Minneapolis.
Nearby places
Hopkins
Hopkins is St. Louis Park's neighbor to the southwest. Its housing prices are somewhat less expensive. The price of the median home in Hopkins is $227,500, which works out to $44,100 (19%) lower than St. Louis Park. The rent there is a little less expensive. In Hopkins the median monthly rent is $1,032, which is $200 (19%) lower than St. Louis Park.
Golden Valley
Golden Valley is St. Louis Park's neighbor to the north. The real estate prices there are a little more expensive. The median home in Golden Valley costs $304,700, which is $33,100 (10%) higher than St. Louis Park. Its rents are a little more expensive. Golden Valley's median rent is $1,349 a month, which works out to $117 (8%) higher than St. Louis Park.
Edina
Edina is St. Louis Park's neighbor to the south. The real estate prices there are significantly more expensive. The median home in Edina is valued at $476,300, which comes out to $204,700 (42%) higher than St. Louis Park. Rent there is somewhat more expensive. In Edina the median monthly rent is $1,404, which works out to $172 (12%) higher than St. Louis Park.
Minnetonka
Minnetonka is St. Louis Park's neighbor to the west. Housing prices there are somewhat more expensive. The median home in Minnetonka is valued at $347,900, which works out to $76,300 (21%) higher than St. Louis Park. The rent there is a little more expensive. The median rent in Minnetonka is $1,428 per month, which works out to $196 (13%) higher than St. Louis Park.
Medicine Lake
Medicine Lake is about 3 miles northwest from St. Louis Park. Real estate prices there are a lot more expensive. The median home in Medicine Lake costs $712,500, which is $440,900 (61%) higher than St. Louis Park. Rent there is a bit less expensive. In Medicine Lake the median rent is $944 per month, which works out to $288 (30%) lower than St. Louis Park.
