Rental numbers for St. Louis County, MN
The typical home here runs -$818 a month at 7.78% with 25% down, breaking even at about 0.4%. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.7%.
- Gross yield
- 6.4%
- typical home, Zillow
- Median ZIP yield
- 6.7%
- 7 ZIPs with full data
- Cash flow
- -$818/mo
- at 7.78%, 25% down
- Typical price
- $257,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,376/mo
- Zillow ZORI, Aug 2026
ZIP codes in St. Louis County
39 with published figures
| 55750Hoyt Lakes | $130,000 | $1,250* | 11.5% | 6.6% | +$15 | n/a |
| 55713Buhl | $134,000 | $1,240* | 11.1% | 6.1% | -$39 | n/a |
| 55708Aurora | $131,000 | $1,030* | 9.4% | 4.5% | -$212 | n/a |
| 55782Ely | $131,000 | $1,030* | 9.4% | 4.8% | -$186 | n/a |
| 55719Chisholm | $138,000 | $1,030* | 8.9% | 4.1% | -$276 | n/a |
| 55792Virginia | $143,000 | $1,017 | 8.5% | 3.8% | -$314 | n/a |
| 55706Babbitt | $151,000 | $1,030* | 8.2% | 3.6% | -$360 | n/a |
| 55717Canyon | $263,000 | $1,710* | 7.8% | 4.1% | -$520 | n/a |
| 55734Eveleth | $170,000 | $1,100* | 7.8% | 3.4% | -$428 | n/a |
| 55803Duluth | $360,000 | $2,300 | 7.7% | 3.9% | -$757 | n/a |
| 55705Aurora | $163,000 | $1,030* | 7.6% | 3.2% | -$443 | n/a |
| 55746Hibbing | $164,000 | $1,030* | 7.5% | 3.2% | -$445 | n/a |
| 55805Duluth | $225,000 | $1,328 | 7.1% | 3.1% | -$636 | +1.8% |
| 55736Floodwood | $182,000 | $1,030* | 6.8% | 2.9% | -$537 | n/a |
| 55765Meadowlands | $182,000 | $1,030* | 6.8% | 3.1% | -$504 | n/a |
| 55711Brookston | $210,000 | $1,170* | 6.7% | 3.0% | -$603 | n/a |
| 55811Hermantown | $360,000 | $1,995 | 6.7% | 3.0% | -$1,027 | +3.3% |
| 55741Gilbert | $186,000 | $1,030* | 6.6% | 2.5% | -$616 | n/a |
| 55724Cotton | $227,000 | $1,250* | 6.6% | 3.0% | -$648 | n/a |
| 55807Duluth | $217,000 | $1,190* | 6.6% | 2.5% | -$718 | n/a |
| 55808Duluth | $225,000 | $1,230* | 6.6% | 2.6% | -$732 | n/a |
| 55806Duluth | $215,000 | $1,149 | 6.4% | 2.3% | -$750 | n/a |
| 55768Mountain Iron | $212,000 | $1,130* | 6.4% | 2.5% | -$705 | n/a |
| 55779Saginaw | $353,000 | $1,850* | 6.3% | 2.9% | -$1,040 | n/a |
| 55738Forbes | $201,000 | $1,030* | 6.2% | 2.6% | -$652 | n/a |
| 55703Angora | $206,000 | $1,030* | 6.0% | 2.3% | -$716 | n/a |
| 55732Embarrass | $206,000 | $1,030* | 6.0% | 2.4% | -$705 | n/a |
| 55702Alborn | $249,000 | $1,230* | 5.9% | 2.5% | -$822 | n/a |
| 55771Orr | $222,000 | $1,060* | 5.7% | 2.3% | -$779 | n/a |
| 55763Makinen | $223,000 | $1,030* | 5.5% | 2.1% | -$820 | n/a |
| 55751Iron | $238,000 | $1,090* | 5.5% | 2.1% | -$863 | n/a |
| 55804Duluth | $364,000 | $1,650* | 5.4% | 2.0% | -$1,361 | n/a |
| 55810Hermantown | $305,000 | $1,360* | 5.3% | 1.8% | -$1,201 | n/a |
| 55723Cook | $251,000 | $1,030* | 4.9% | 1.5% | -$1,043 | n/a |
| 55812Duluth | $351,000 | $1,387 | 4.8% | 1.3% | -$1,520 | +2.2% |
| 55731Ely | $285,000 | $1,120* | 4.7% | 1.3% | -$1,226 | n/a |
| 55710Mountain Iron | $268,000 | $1,050* | 4.7% | 1.6% | -$1,091 | n/a |
| 55802Duluth | $478,000 | $1,496 | 3.8% | 0.4% | -$2,405 | n/a |
| 55790Tower | $368,000 | $1,030* | 3.4% | 0.4% | -$1,869 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.5%
- Rent, 12 months
- +3.2%
- Rent minus price growth
- -3.3 pts
- Property tax
- 1.03%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $198,026 | $1,079 |
| Aug 2022 | $219,019 | $1,153 |
| Aug 2023 | $225,201 | $1,224 |
| Aug 2024 | $233,222 | $1,275 |
| Aug 2025 | $241,736 | $1,333 |
| Aug 2026 | $257,492 | $1,376 |
HUD Fair Market Rent
FY2027, Duluth, MN-WI MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $841 | $961 | $1,207 | $1,671 | $2,017 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 6.3
- 549 units, last 12 months
- National percentile
- 55th
- among US counties
Tools
Test a listing in St. Louis County against today's rate.
Open the calculatorPart of the Duluth, MN metro.
Questions
- Is St. Louis County good for rental property?
- The typical home here runs -$818 a month at 7.78% with 25% down, breaking even at about 0.4%. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in St. Louis County?
- About 1.03% of value, from Census ACS median taxes paid over median home value. On a $257,000 home that is about $2,642 a year.
- What is Fair Market Rent in St. Louis County?
- HUD's FY2027 Fair Market Rent here is $961 for a 1-bedroom, $1,207 for a 2-bedroom and $1,671 for a 3-bedroom. Typical cash flow at today's rate is -$818 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.