St. Paul, Minnesota, often overshadowed by its better known twin Minneapolis, has quietly emerged as a real estate investment gem. Why? When compared to pricier waterway markets, St. Paul offers a much lower barrier to entry. The median home price is significantly lower than the national average. And yet, affordability doesn't translate to stagnation. St. Paul has a stable and diverse economy driven by popular and growing industries that lead to job growth and a consistent demand for housing.
Bursting with appeal, St. Paul boasts riverfront walkways and historic buildings. There are a number of different property types here, from charming historic single-family homes and bustling urban condos to multi-unit buildings, making it easier on investors to align their needs with this growing real estate market.
The real charm of St. Paul lies in its quality of life. With a livable environment, lush parks, vibrant arts scene, award-winning restaurants, and a walk-able community, both residents and visitors enjoy what St. Paul has to offer, and often return. The city is also actively engaged in sustainable urban development, which is a foundation for long-term growth.