RENT CONTROL MEANS HOMEOWNERS PAY HIGHER PROPERTY TAXES
PROPERTY TAXES ARE UP
The typical homeowner is paying almost $1,000 more in property taxes since St. Paul adopted rent control.* When rentals are worth less, homeowners pay the price.
NEW HOUSING IS DOWN
St. Paul issued over 2,000 new home permits before rent control. Last year, only 357.* So, existing homeowners bear more tax burden.
*Source: Federal Reserve Bank of Minneapolis, June 2026.
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THE FACTS
NEW HOUSING IS DOWN
Saint Paul permitted more than 2,000 new homes a year at its peak. In 2024, it was 404. In 2025, 357.
PROPERTY TAXES ARE UP
The tax on a typical Saint Paul home rose from $3,442 to $4,264— an increase of almost $1,000.
DOWNTOWN IS EMPTY
More than a third of downtown Saint Paul’s office space sits vacant. Empty buildings pay less, and homeowners are carrying more.
Source: Federal Reserve Bank of Minneapolis, June 2026; Saint Paul Area Chamber, July 2026