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Housing in St. Leo

Homes in St. Leo

Home prices around St. Leo have risen about 48% over the past 5 years. No new homes were permitted in 2025.

2-bedroom rent
$970
a month, utilities in · HUD

What kind of housing town is St. Leo?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 48% in 5 years

The federal house price index for the ZIP code around St. Leo rose 48% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 7.3%.

St. Leo areaMinnesota
0%+50%+100%+150%+200%200020052010201520202025
+7.3%
past year
+48%
past 5 years
+83%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around St. Leo, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $970

Fair Market Rent a month, utilities included

Studio$680
1 bedroom$820
2 bedrooms$970
3 bedrooms$1,330
4 bedrooms$1,600

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lincoln County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in St. Leo in 2025 or in any year since 2000.

Single-family
01 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001000—
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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