States › Minnesota › St. Anthony

Is St. Anthony, MN expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,51014% lower than U.S. average
💵 Families earn per year (2026)$105,006about $8,751/month · 21% higher than U.S. average
🔑 House price$387,50016% higher than U.S. average

Rent is lower than in 57% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are short, about 19.2 minutes. It is a highly educated city: 57.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $60,400 a year. That is $29 an hour at a full-time job.

Is rent cheaper than other Minnesota cities?

Yes. Rent here is cheaper than in most of Minnesota. It is number 73 of 150 cities from cheapest to most expensive.

St. Anthony
$1,510
$1,032
$2,258

How much do households earn in St. Anthony?

Under $25k
11.9%
$25k–50k
19.9%
$50k–100k
30.9%
$100k–150k
14.5%
$150k+
20.7%

Share of households by yearly income. 35.3% of households earn $100,000 or more.

Rent by apartment size in St. Anthony

SizeSt. AnthonyU.S. average
Studio$1,323$1,338
1 bedroom$1,442$1,324
2 bedrooms$1,673$1,509
3 bedrooms$2,106$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is St. Anthony overall?

Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).

Housing
91
Goods (food, clothes…)
101
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for St. Anthony, so the Minnesota figure is shown.

Taxes and bills in St. Anthony

🏛️ Property tax$5,946a year · 1.53% of home value · U.S. $3,119
⚡ Electric bill$83a month (typical) · U.S. $156

Life in St. Anthony

Commute to work19.2 minU.S.: 26.4 min
College degree57.5%U.S.: 35.7%
Own their home59.8%U.S.: 65.2%
Below poverty line6.9%U.S.: 12.5%
Unemployment1%U.S.: 5.2%

Is it cheaper to rent or buy in St. Anthony?

Renting is cheaper right now: about $1,179 a month less.

Renting
$1,510
Owning
$2,689

Owning assumes a typical $387,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,750 for the down payment.

Frequently asked questions

What is the average rent in St. Anthony, MN?

Renting in St. Anthony costs a median of about $1,510 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in St. Anthony?

To keep rent under 30% of income, you need about $60,400 a year, or $29 an hour at a full-time job.

Is St. Anthony cheap or expensive?

St. Anthony is rated Cheap: rent takes 17.3% of the typical household income of $105,006. It ranks 73rd cheapest of 150 Minnesota cities we track.

How much are property taxes in St. Anthony?

The median homeowner in St. Anthony pays $5,946 a year in property taxes, about 1.53% of the median home value.

Is St. Anthony more expensive than the national average?

Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in St. Anthony?

The median home value in St. Anthony is $387,500, about 3.7 times the typical yearly household income.

9,671 people live in St. Anthony. Numbers are typical (middle) values.