In North Oaks, a typical home is worth $821,200 and typical rent is $3,501 a month. Compared with all of Ramsey County, typical household income is 184% higher, typical rent is 163% higher, and the share of households that own their home is 28 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $773,765 to $952,892.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
North Oaks is in Ramsey County. The FHA loan limit ($552,000 for a one-unit home), the fair market rents and the help on this page are those of all of Ramsey County. See the county
What this place has that others do not, from public data, most unusual first.
1
North Oaks has the highest typical rent of the 148 cities in Minnesota with more than 5,000 people: $3,501.
2
North Oaks has the highest typical household income of the 152 cities in Minnesota with more than 5,000 people: $231,742.
3
North Oaks has the 2nd highest typical home value of the 152 cities in Minnesota with more than 5,000 people ($821,200).
4
88% of households in North Oaks own their home, against 61% in Ramsey County.
5
Nearby, in White Bear Lake, the typical home value is $331,800: 60% less than in North Oaks ($821,200).
6
Nearby, in Vadnais Heights, the typical rent is $1,455: 58% less than in North Oaks ($3,501).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in North Oaks
What homes there are in North Oaks, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
North Oaks
Ramsey County
Minnesota
United States
Kind of home: North Oaks and its comparisons
Measure
North Oaks
Ramsey County
Minnesota
United States
Detached house
84%
52%
66%
61%
Attached house
Unreliable estimate
7%
7%
6%
Building of 2 to 4
Unreliable estimate
7%
4%
8%
Apartments (5 or more)
Unreliable estimate
33%
19%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In North Oaks, 8 in 10 homes are single-family detached houses; in Ramsey County, 5.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
North Oaks
Ramsey County
Minnesota
United States
Year built: North Oaks and its comparisons
Measure
North Oaks
Ramsey County
Minnesota
United States
Before 1960
Unreliable estimate
44%
29%
26%
1960–1979
41%
25%
23%
24%
1980–1999
18%
18%
24%
25%
2000–2009
21%
6%
13%
14%
2010 or later
14%
7%
10%
11%
In North Oaks, 83% of homes have 3 bedrooms or more, more than in Ramsey County (50%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750K28%
$750K–$1M39%
$1M or more22%
Value of owner-occupied homes: North Oaks and its comparisons
Measure
North Oaks
Under $100K
Unreliable estimate
$100K–$200K
Unreliable
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
28%
$750K–$1M
39%
$1M or more
22%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or more69%
Monthly rent with utilities: North Oaks and its comparisons
Measure
North Oaks
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
69%
With a mortgage
$3,913 a month
Ramsey County: $1,975 a month
Without a mortgage
$1,286 a month
Ramsey County: $785 a month
Owners with a mortgage
65%
Ramsey County: 65%
In North Oaks, 65% of owners have a mortgage, and their typical cost is $3,913 a month, against $1,975 in Ramsey County. Without one it drops to $1,286.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
North Oaks+30%
Ramsey County+42%
Minnesota+47%
United States+53%
Typical household income
North OaksNo clear change
Ramsey County+26%
Minnesota+25%
United States+29%
Change since 2015–2019: North Oaks and its comparisons
Measure
North Oaks
Ramsey County
Minnesota
United States
Typical home value
+30%
+42%
+47%
+53%
Typical rent
No data
+32%
+31%
+33%
Typical household income
No clear change
+26%
+25%
+29%
The typical home value in North Oaks rose 30% since 2015–2019, less than in Ramsey County (42%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: North Oaks and its comparisons
Measure
North Oaks
Ramsey County
Minnesota
United States
Rental vacancy
Unreliable estimate
6.1%
5.3%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
0.6%
0.9%
More than one person per room
Unreliable estimate
4.0%
2.3%
3.4%
People per household
2.88
2.38
2.43
2.53
Drive alone
50%
63%
69%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
4%
2%
3%
Walk or bike
Unreliable estimate
4%
3%
3%
Work from home
40%
21%
18%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 2.88 on average, against 2.38 in Ramsey County.
In North Oaks, 40% of workers work from home, more than in Ramsey County (21%).
Do the math
What would you pay each month for a home in North Oaks?
A typical home is tight for the typical income
We start with a typical home in North Oaks, worth $821,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in North Oaks, which is $231,742 a year. For that payment to be 28% of income, a household would need to earn about $292,779 a year. Note: at that price the loan is above the FHA limit for Ramsey County ($552,000), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Ramsey County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in North Oaks. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $28,742 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$6,832
at 7.18% · 30 years
Loan amount
$806,326
Total interest
$1,160,114
Paid off in
November 2056
Includes $13,868 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $5,407 a month
Tight
$5,407 to $6,952 a month
Your payment · 35%
Hard
more than $6,952 a month
Compared with the typical household income in North Oaks ($231,742 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$5,462
Property tax
$664
Home insurance
$342
FHA mortgage insurance (MIP)
$363
This loan is over the FHA limit
You'd borrow $792,458, but the FHA limit for a one-unit home in North Oaks is $552,000. You'd need a bigger down payment or a different loan.
You need at least $28,742 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $6,832; principal and interest $5,462.
The city and its county
North Oaks and Ramsey County
North Oaks is in Ramsey County, Minnesota. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
North Oaks
Map of Ramsey County, Minnesota, with North Oaks marked. Around it, the neighboring counties.
North Oaks
Ramsey County
Other cities with a page
North Oaks's own numbers
Typical home value
$821,200
Typical monthly rent
$3,501
Typical yearly household income
$231,742
Households that own their home
88%
Effective property tax rate
0.97%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Ramsey County
FHA limit, one-unit home
$552,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+31%
Homes in a high flood-risk zone
0.5%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Ramsey County.
A typical home in North Oaks is worth $821,200: 151% above the county and 149% above Minnesota. With the typical household income in North Oaks ($231,742 a year), a typical home costs 3.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
North Oaks3.5 years
Ramsey4.0 years
Minnesota3.7 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Ramsey County
According to FHFA’s house price index, home prices in Ramsey County rose 70% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Ramsey County.
Yearly change in FHFA’s price index in Ramsey County, 2016 to 2025
2016: +5.5% +5.5% 2016
2017: +6.4% +6.4% 2017
2018: +7.0% +7.0% 2018
2019: +4.4% +4.4% 2019
2020: +3.5% +3.5% 2020
2021: +8.7% +8.7% 2021
2022: +10.0% +10.0% 2022
2023: +3.5% +3.5% 2023
2024: +2.5% +2.5% 2024
2025: +2.9% +2.9% 2025
Change in FHFA’s price index in Ramsey County, Minnesota and the United States
Period
County
Minnesota
U.S.
Last year (2025)
+2.9%
+2.8%
+2.9%
5 years (2020–2025)
+31%
+37%
+47%
10 years (2015–2025)
+70%
+71%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
North Oaks next to Ramsey County, Minnesota and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
North Oaks$821,200
Ramsey$326,600
Minnesota$329,300
United States$332,700
Typical monthly rent
North Oaks$3,501
Ramsey$1,329
Minnesota$1,280
United States$1,413
Typical yearly household income
North Oaks$231,742
Ramsey$81,568
Minnesota$89,062
United States$80,734
See the full table
North Oaks next to Ramsey County and Minnesota
Measure
North Oaks
Ramsey County
Minnesota
U.S.
Typical home value
$821,200 ▲151% above the county
$326,600
$329,300
$332,700
Typical monthly rent
$3,501 ▲163% above the county
$1,329
$1,280
$1,413
Typical yearly household income
$231,742 ▲184% above the county
$81,568
$89,062
$80,734
Households that own their home
88% ▲28 points above the county
61%
72%
65%
Typical yearly property tax
$7,964 ▲101% above the county
$3,966
$3,357
$3,119
Effective property tax rate
0.97% ▼0.24 points below the county
1.21%
1.02%
0.94%
Renters with high rent for their income
76% ▲25 points above the county
51%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Ramsey County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in North Oaks
For a typical $821,200 home in North Oaks, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, North Oaks's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$6,832a month
Above the FHA limit for Ramsey County ($552,000)
Down payment
$28,742
Cash to close
$53,378
Rate
7.18%
Mortgage insurance
FHA MIP · $363
Conventional, 5% down$6,681a month
Least cash to close
Down payment
$41,060
Cash to close
$65,696
Rate
7.18%
Mortgage insurance
PMI · $390
Conventional, 20% down, no PMI$5,456a month
Down payment
$164,240
Cash to close
$188,876
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$6,216a month
Down payment
$123,180
Cash to close
$147,816
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in North Oaks
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Ramsey County ($552,000)
$6,832
$28,742
$806,326
7.18%
FHA MIP · $363
$53,378
580
Conventional, 5% down Least cash to close
$6,681
$41,060
$780,140
7.18%
PMI · $390
$65,696
620*
Conventional, 20% down, no PMI
$5,456
$164,240
$656,960
7.18%
None
$188,876
620*
ITIN, 15% down (example)
$6,216
$123,180
$698,020
8.18%
None
$147,816
Set by the lender
The option that asks for the least cash to close is Conventional, 5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in North Oaks is $3,501 a month: 163% above the county. In North Oaks, 76% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Ramsey County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Ramsey County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,265
$24.33
$50,600
1 bedroom
$1,427
$27.44
$57,080
2 bedrooms
$1,734
$33.35
$69,360
3 bedrooms
$2,264
$43.54
$90,560
4 bedrooms
$2,538
$48.81
$101,520
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in North Oaks
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). North Oaks is in ZIP code 55127.
For 2 bedrooms it is $2,000: $266 more than the fair market rent for Ramsey County ($1,734).
Fair market rent by ZIP code and size in North Oaks, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
55127
$1,460
$1,650
$2,000
$2,610
$2,930
ZIP code2 bd3 bd
55127 $2,000$2,610
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for North Oaks when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 8 HUD-approved agencies with an office in Ramsey County; 5 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for North Oaks or Ramsey County. The ones below are statewide in Minnesota: they work in North Oaks the same as in the rest of the state.
Minnesota state agency loan for the down payment and closing costs alongside the Start Up mortgage for first-time buyers: up to $14,000 (or $18,000 in the Plus version), with no interest or monthly payments, repaid at the end of the mortgage.Offered by Minnesota Housing (Minnesota Housing Finance Agency).
Minnesota Housing loan of up to $14,000 for the down payment and closing costs, which you repay over 15 years at the same rate as your Minnesota Housing mortgage; it works with Start Up (first-time buyers) or Step Up.Offered by Minnesota Housing (Minnesota Housing Finance Agency).
No legal help resource on our list is for North Oaks or Ramsey County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for North Oaks and all of Ramsey County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in North Oaks?
The typical home value in North Oaks is $821,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Ramsey County it is $326,600.
How much does it cost to rent in North Oaks?
Typical rent in North Oaks is $3,501 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Ramsey County is $1,734.
What is the FHA loan limit in North Oaks?
North Oaks uses the FHA limit for all of Ramsey County (2026): $552,000 for a one-unit home and $1,061,550 for a four-unit home.
How much property tax do owners pay in North Oaks?
The typical homeowner in North Oaks pays $7,964 a year, according to the U.S. Census Bureau. That is 0.97% of the home’s value; in Ramsey County, the rate is 1.21%.
Where can I find free help to buy or rent in North Oaks?
There are 8 HUD-approved counseling agencies with an office in Ramsey County. 5 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
