salaryRent is higher than in 62% of U.S. cities. A typical house costs about 3.6 years of household income. Most homes (76.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $74,880 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
No. Rent here is more expensive than in most of Minnesota. It is number 112 of 150 cities from cheapest to most expensive.
How much do households earn in Stillwater?
Share of households by yearly income. 39.8% of households earn $100,000 or more.
Rent by apartment size in Stillwater
| Size | Stillwater | U.S. average |
|---|---|---|
| Studio | $2,384 | $1,338 |
| 1 bedroom | $1,359 | $1,324 |
| 2 bedrooms | $1,482 | $1,509 |
| 3 bedrooms | $2,114 | $1,698 |
| 4 bedrooms | $3,004 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Stillwater overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Stillwater, so the Minnesota figure is shown.
Taxes and bills in Stillwater
Life in Stillwater
Is it cheaper to rent or buy in Stillwater?
Renting is cheaper right now: about $1,002 a month less.
Owning assumes a typical $414,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $41,420 for the down payment.
Frequently asked questions
What is the average rent in Stillwater, MN?
Renting in Stillwater costs a median of about $1,872 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Stillwater?
To keep rent under 30% of income, you need about $74,880 a year, or $36 an hour at a full-time job.
Is Stillwater cheap or expensive?
Stillwater is rated Cheap: rent takes 19.7% of the typical household income of $114,162. It ranks 112th cheapest of 150 Minnesota cities we track.
How much are property taxes in Stillwater?
The median homeowner in Stillwater pays $4,026 a year in property taxes, about 0.97% of the median home value.
Is Stillwater 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 Stillwater?
The median home value in Stillwater is $414,200, about 3.6 times the typical yearly household income.
19,355 people live in Stillwater. Numbers are typical (middle) values.