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Spring Lake Park, MN

Full City Profile · Minnesota · Ramsey County County

3.2 /5.0
B Good
6,997 Population 3,499/sq mi density
$77,112 Median Income $37,399 per capita
$281,800 Home Value $313,795 Zillow
$1,375 Median Rent 41.4% income on rent
46°F Avg Temperature 270 sunny days/yr
272 Violent Crime/100K 2,788 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$77,112 median income, 1.1% unemployment
A+
Affordability
4.6 / 5.0
$281,800 home value, $1,375/mo rent
F
Safety
1.0 / 5.0
272 violent crimes/100K
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher

Housing Overview

Median Home Value
$281,800
0% below
US avg: $281,900
Median Rent
$1,375/mo
18% above
US avg: $1,163/mo
Homeownership Rate
71.3%
9% above US avg (65.4%)
Total Housing Units
2,740
Median year built: 1972

Home Value by Source

Census Median
$281,800
Zillow (ZHVI)
$313,795
Median Sale Price
$324,900
Median List Price
$334,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.3%
Owner-Occupied
28.7%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $1,375/mo

Market Indicators (Redfin)

Median Days on Market
10 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$199
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
41.4%
of renters spending 30%+ of income on housing
34% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
71.3%

Complete Housing Data

Home Values

Census Median Value$281,800
Zillow Home Value (ZHVI)$313,795
Median Sale Price$324,900
Median List Price$334,000
Price Per Sq Ft$199

Rent

Census Median Rent$1,375
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market10
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory6
Price Per Sq Ft$199

Ownership & Stock

Owner-Occupied71.3%
Renter-Occupied28.7%
Homeownership Rate71.3%
Total Housing Units2,740
Median Year Built1972
Rent Burden41.4%