St. Paul: Housing & Real Estate
Housing in St. Paul centers on a median value of $541,700 (estimated market value runs 8% higher at $585,600), with median rent $1,500 (1.2× higher than Marion County median $1,228; 1.1× higher than Oregon median $1,355). Homeownership rate: 85.9%. That's 1.5× higher than the Marion County median ($352,500); 1.3× higher than the Oregon median ($420,936). Market is warm. New construction makes up 3.2% of stock. A municipal building code is in effect.
- 3.9× annual income — home value vs. household income (vs Oregon 5.0×).
- 30.1 years to break even renting at the median (vs Oregon 26y).
- 4-BR rent is 2.0× a studio — rent gradient by unit size.
- Median rent 3% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $541,700 — 1.3× the Oregon median ($420,936). Median rent $1,500/month. homeownership rate 85.9% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 3.9× |
|---|---|
| Affordability · Rent To Income Pct | 13.0% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | affordable |
| Fair Market Rent · Studio rent | $1,181 |
| Fair Market Rent · One-bedroom rent | $1,201 |
| Fair Market Rent · Two-bedroom rent | $1,560 |
| Fair Market Rent · Three-bedroom rent | $2,159 |
| Fair Market Rent · Four-bedroom rent | $2,338 |
| Fair Market Rent · HUD FMR area | Salem, OR MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $585,600 |
| Median Home Value | $541,700 (vs Oregon $420,936) |
| Median Rent | $1,500 (vs Oregon $1,355) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · New construction (% of stock) | 3.2% |
| Housing Market · Price Appreciation 2Yr | 3.4% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 0.0% |
| Broadband · Broadband-capable premises | 193 |
| Electricity · Electricity rate (¢/kWh) | 14.70¢/kWh |
| Electricity · Customers | 1,868,012 |
| Electricity · Revenue Millions | $2,906 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 85.9% |
|---|---|
| Median Year Built | 1982 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12