Highland Park

Neighborhood profile

Listings we track

2

Median price per unit

$350K

Typical cash flow

−$1,282

median per month, 20% down

Crime, last 12 months

39 per 1,000

1,009 incidents · −15% vs. prior year

Renter households

44%

Median gross rent

$1,311

all unit sizes

Median household income

$99K

Rent rules

3% cap

Rent stabilization; buildings first occupied after 2004 exempt

St. Paul police incidents, excluding proactive visits and community events. Per-resident rates use 2020 Census population. Census figures: ACS 2020–2024 5-year, combining 7 tract(s) centered in this planning district; medians are household-weighted averages of tract medians.

Map

Top picks

Ranked on real rent estimates (RentCast comparables or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.

None yet with verified rents. Every listing here is ranked on rough rent estimates for now (tagged “rough” below); RentCast estimates for the best leads arrive over the next few nights.

Ways to slice it

Needs more info

Left out of the rankings until a data problem is resolved.

All listings

2 listings. Filter by price or units, or switch the down payment.

1. 1791 Morgan Ave

   $350,000 · 1 units · Rough rents
   Far off
   Cash flow −$1,282/mo Cap 2.0% Break-even price $109K Yr 30 vs stocks 0.42× Positive in 30+ yrs

2. 1538/1540 Hartford Ave

   $515,000
   Needs more info

   Needs more info: no rent estimate yet

Monthly cash flow

What's changing

• Highland Bridge building again. Market-rate apartment construction at the former Ford site stalled after the 2021 rent-control vote. After the May 2025 amendment permanently exempted new construction, developers re-engaged and multifamily construction restarted. More new supply nearby competes with older rentals. As of 2026-06 · Sources: minneapolisfed.org