The Metropolitan Council reports the seven-county metropolitan area is growing at an annual rate of 25,000 residents per year. There are currently 1,358 multi-housing complexes in the city of St. Paul and twenty percent of the job force in the Twin Cities are renters. (There are also non-working students who are renters.) In the next decade in Minnesota, there is an expected increase in the percentage of renters and the demand for apartments.
This chart shows market trends based on 1,154 renter reports on 113 St. Paul Apartments
Visit the Apartment Ratings web site for updated information at:
http://www.apartmentratings.com/rate/MN-St-Paul-Pricing.html
Methodology: Apartment Ratings states that the "Data used to calculate average prices by floorplan are gathered from renters' disclosure of monthly rental rates on ApartmentRatings.com, the Internet's most popular website where renters can exchange information about apartments."
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