Balsam on Broadway Apartments

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(651) 560-4662
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540 Broadway St, St. Paul, MN 55101

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Balsam on Broadway

540 Broadway St
St. Paul, MN 55101
(651) 560-4662
Balsam on Broadway in St. Paul, MN - Building Photo
  • 2–3 Bedrooms
  • $953-$2,316 Total Monthly Price12 Month Lease Term

    Total Monthly Price

    Base Rent
    $949 - $2,312
    Required Monthly Fees
    $4

    Total Monthly Price
    $953 - $2,316
  • 924–1,270 Square Feet

About Balsam on Broadway

Balsam on Broadway is located in the Payne-Phalen Neighborhood and 55101 Zip code of St. Paul, MN. This community is professionally managed by Roers Companies

Unique Features and Amenities

  • Balcony or Patio
  • Bike Racks
  • Carpeting
  • Clubroom with Kitchen
  • Heated Underground Parking
  • In-Home Washer & Dryer
  • Keyless Electronic Fob Access
  • Kid's Playroom
  • Kitchen Island or Peninsula
  • LED Lighting
  • LVP Flooring
  • Pet Wash
  • Professional On-Site Management
  • Rooftop Skydeck
  • Secure Package Room
  • Spacious Closets

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Balsam on Broadway offers 2 to 3 Bedroom apartments starting from $953 and having 924–1,270 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • 2 Bedrooms

    Walnut

    From $1,720

    2 Beds, 2 Baths, 1007-1054 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,716 - $2,312
    Required Monthly Fees
    $4

    Total Monthly Price
    $1,720 - $2,316
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,720Available Now6061054$500
    $2,003 May 16, 20261101007$500
    $2,316 June 1, 20261161007$500
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Lease Information

    Model Price Range

    • $1,720 - $2,316Total Monthly Price
      Base Rent: $1,716 - $2,312
      Required Monthly Fees: $4

    Unit 606 Lease Information

    Unit Price

    • $1,720Total Monthly Price
      Base Rent: $1,716
      Required Monthly Fees: $4
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Lease Information

    Model Price Range

    • $1,720 - $2,316Total Monthly Price

    Unit 110 Lease Information

    Unit Price

    • $2,003Total Monthly Price
      Base Rent: $1,999
      Required Monthly Fees: $4
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Lease Information

    Model Price Range

    • $1,720 - $2,316Total Monthly Price

    Unit 116 Lease Information

    Unit Price

    • $2,316Total Monthly Price
      Base Rent: $2,312
      Required Monthly Fees: $4
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Lease Information

    Model Price Range

    • $1,720 - $2,316Total Monthly Price

    Beech

    $2,316

    2 Beds, 2 Baths, 924 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $2,312
    Required Monthly Fees
    $4

    Total Monthly Price
    $2,316
    Available Jun 1

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $2,316 June 1, 2026500924$500
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Unit 500 Lease Information

    Unit Price

    • $2,316Total Monthly Price
      Base Rent: $2,312
      Required Monthly Fees: $4
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Lease Information

    Price

    • $2,316Total Monthly Price
  • 3 Bedrooms

    Hickory

    $953

    3 Beds, 2 Baths, 1270 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $949
    Required Monthly Fees
    $4

    Total Monthly Price
    $953
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $953Available Now4071270$500
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Unit 407 Lease Information

    Unit Price

    • $953Total Monthly Price
      Base Rent: $949
      Required Monthly Fees: $4
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Lease Information

    Price

    • $953Total Monthly Price
Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

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Schedule a Tour
Call us at: (651) 560-4662 to schedule a tour.

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Property Information

  • 128 Units
  • 6 Stories
  • Built in 2024

Income Restrictions At Balsam on Broadway

Income restrictions apply to some or all residents. Contact the community for more information.

# Persons80% Income Limit 60% Income Limit 30% Income Limit
1$74,160$55,620$27,810
2$84,800$63,600$31,800
3$95,360$71,520$35,760
4$105,920$79,440$39,720
5$114,400$85,800$42,900
6$122,880$92,160$46,080
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Lease Terms

  • 12 mo

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$13.00
Due at Move-In
Security Deposit - Refundablei*Standard security deposit. An additional deposit may be required depending on the applicant's approval status. Charged Per Unit.$500.00

Utilities

Utility - Billing Administrative FeeiCharged Per Unit.$4.25/mo
Utility - Water/SeweriCharged Per Unit.Included in Rent/mo
Utility - ElectriciCharged Per Unit. Payable to Third Party.Usage-Based/mo
Utility - GasiCharged Per Unit. Payable to Third Party.Usage-Based/mo
Utility - TrashiCharged per unit.Included in Rent/mo

Other Fees and Policies

Personal Add-Ons

High Speed Internet AccessiCharged Per Unit. Payable to Third Party.Varies/mo

Pet Fees

Cat
Cat DepositiCharged per Pet.$300.00
Cat FeeiCharged per Pet.$200.00
Cat RentiCharged Per Pet.$50.00/mo
Restrictions:

The following dog breeds are not permitted in our communities: Akitas, Chow Chows, Doberman Pinschers, German Shepherds, Huskies, Malamutes, Pit Bulls, Presa Canarios, Rottweilers, Staffordshire Terriers, and Wolf-Hybrids.

Comments:

| Restrictions: The following dog breeds are not permitted in our communities: Akitas, Chow Chows, Doberman Pinschers, German Shepherds, Huskies, Malamutes, Pit Bulls, Presa Canarios, Rottweilers, Staffordshire Terriers, and Wolf-Hybrids.

Dog
Dog DepositiCharged per Pet.$300.00
Dog FeeiCharged per Pet.$200.00
Dog RentiCharged Per Pet.$50.00/mo
Restrictions:

The following dog breeds are not permitted in our communities: Akitas, Chow Chows, Doberman Pinschers, German Shepherds, Huskies, Malamutes, Pit Bulls, Presa Canarios, Rottweilers, Staffordshire Terriers, and Wolf-Hybrids.

Comments:

| Restrictions: The following dog breeds are not permitted in our communities: Akitas, Chow Chows, Doberman Pinschers, German Shepherds, Huskies, Malamutes, Pit Bulls, Presa Canarios, Rottweilers, Staffordshire Terriers, and Wolf-Hybrids.

Parking Fees

Garage
Parking FeeiCharged Per Vehicle.$125.00/mo
Comments:

Garage Parking Stall.

Tandem
Parking FeeiCharged Per Unit.$175.00/mo
Comments:

Tandem Garage Stalls.

Additional Parking Options

Other

Storage Fees

Storage Small
Storage FeeiCharged Per Rentable Item.$40.00/mo
Storage Medium
Storage FeeiCharged Per Rentable Item.$50.00/mo

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Pet Washing Station
  • Property Manager On Site
  • Public Transportation

Community Features

  • Lounge
  • Clubhouse
  • Elevator

Outdoor Features

  • Roof Terrace
  • Controlled Access
  • Patio

Recreation and Fitness

  • Fitness Center

Interior Features

  • Balcony
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi
  • Smoke Free

Kitchen Amenities

  • Range
  • Refrigerator
  • Island Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Freezer
  • Stainless Steel Appliances
  • Kitchen
  • Granite Countertops

Living Area Features

  • Carpet
  • Vinyl Flooring

Unique Amenities

  • Garage Available
Google Map

Map

540 Broadway St, St. Paul, MN 55101

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Frequently Asked Questions about Balsam on Broadway

Where is Balsam on Broadway located?

Balsam on Broadway is located at 540 Broadway St near the Payne-Phalen area of St. Paul, MN

What is the current rent range at Balsam on Broadway?

2 Bedroom to 3 Bedroom Apartments at Balsam on Broadway currently range from $953 to $2,316

When is the leasing office open?

  • The office Hours for Balsam on Broadway are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Cost Per Sq.Ft. 3.2

    The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

  • Luxury 3.2

    The Luxury rating shows you how this community's high end floorplan pricing relates to the local average.

    Rating Factors

    This 3.2-star Luxury rating is based on the following features:

    • Roof Terrace
    • Controlled Gate Access
    • Fitness Center
    • Balconies
    • Smoke Free Options
    • Granite Countertops
    • Stainless Steel Appliances
    • Maintenance on site
    • Pet Washing Station
    • Clubhouse
    • Elevator(s)
    • Property Manager on Site
    • Lounge
    • Washer/Dryer In Unit
    • Air Conditioning
    • Hi Speed Internet/Wi-Fi
    • Ranges
    • Refrigerators
    • Island Kitchens
    • Dishwashers
    • Freezers
    • Kitchens
    • Patios
    See more
    See less
  • Affordability Nice Value3.4

    The Balsam on Broadway Apartments are 14.7% cheaper than the average apartment in the Payne-Phalen area, and 29.2% cheaper than the average apartment city-wide.

    Rent Comparison to the Payne-Phalen Neighborhood

    FloorplanLowest Price Here*Neighborhood Avg RentNbhd Avg RentCost Difference%
    2 Bedroom$1,720$1,437+$28319.7%
    3 Bedroom$953$1,874-$921-49.1%
    Prices shown for this property are the Total Monthly Price including Fees.

    Rent Comparison to the city of St. Paul

    FloorplanLowest Price Here*City Average RentCost Difference%
    2 Bedroom$1,720$1,758-$38-2.2%
    3 Bedroom$953$2,177-$1,224-56.2%
    Prices shown for this property are the Total Monthly Price including Fees.

    Methodology: On 05/03/2026, ApartmentHomeLiving.com compared current rents by floorplan to 168 other apartment communities in the immediate area around Balsam on Broadway (Payne-Phalen), and 1288 other apartment communities in St. Paul using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 05/03/2026

    * Price shown is Total Monthly Price including fees
Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
1 Renters Reviews
  • I recently moved into Balsam on Broadway, and I couldn't be happier with my experience!

    February 21, 2025
    The staff here is truly outstanding. From the moment I inquired about the apartments, Trisha and Tiffany were incredibly helpful, making my move-in process smooth and stress-free. Their professionalism and friendliness create a welcoming atmosphere that makes you feel right at home. The apartments themselves are modern and spacious, featuring lovely details like granite countertops and stainless steel appliances. The layout is well thought out, providing ample space for both living and working ...
    from home. I particularly enjoy the in-home washer and dryer, which adds a level of convenience that I appreciate daily. Location-wise, Balsam on Broadway is unbeatable. Nestled next to Downtown St. Paul, it offers easy access to shopping, dining, and parks. The vibrant community around the apartments enhances the overall living experience, making it easy to enjoy everything the area has to offer. Overall, I highly recommend Balsam on Broadway to anyone looking for a fantastic apartment with exceptional staff and a prime location.
    Read More
    Review from Apartments.com

Points of Interest

Time and distance from Balsam on Broadway.

Arts Museums and Landmarks

Guthrie Theater

818 South 2nd Street
17 minute drive / 8.34 miles away

Target Field

900 South 5th Street
18 minute drive / 8.42 miles away

Foshay Tower

821 Marquette Avenue South
19 minute drive / 9.05 miles away

Big Box and Retail

Walgreens

1180 Arcade St
4 minute drive / 2.21 miles away

Target

1744 Suburban Ave
6 minute drive / 2.98 miles away

Goodwill

1239 University Ave W
6 minute drive / 3.06 miles away

Colleges and Universities

Metropolitan State University

700 E Seventh St
2 minute drive / 0.95 miles away

Saint Paul College

235 Marshall Ave
3 minute drive / 1.05 miles away

Concordia University-Saint Paul

1282 Concordia Ave
6 minute drive / 3.24 miles away

Groceries

Cub Foods

1440 University Ave
7 minute drive / 3.47 miles away

Aldi

2350 Rice St
9 minute drive / 4.31 miles away

Hospitals

Regions Hospital

640 Jackson Street
1 minute drive / 0.48 miles away

St. Joseph's Hospital

45 West 10th Street
1 minute drive / 0.5 miles away

Gillette Children's Specialty Hospital

200 University Avenue East
1 minute drive / 0.53 miles away

Military Bases

Fort Snelling Military Reservation

14 minute drive / 6.75 miles away

Parks and Recreation

Como Zoo

1225 Estabrook Drive
7 minute drive / 3.69 miles away

Powderhorn Park

3400 15th Ave. S
17 minute drive / 8.04 miles away

Loring Park

1382 Willow St.
20 minute drive / 9.48 miles away

Balsam on Broadway has 4 parks within 9.8 miles, including Como Zoo, Powderhorn Park, Loring Park, and The Grand Rounds.

Shopping Centers

Gilbert Square

162 W Pennsylvania Ave
3 minute drive / 1.09 miles away

International Plaza

422 W University Ave
4 minute drive / 1.4 miles away

North End Center

945-955 Rice St
4 minute drive / 1.57 miles away

Balsam on Broadway has 5 shopping centers within 1.8 miles.

Transit Stations

VA Medical Center Station-Hiawatha Line

Veterans Dr
13 minute drive / 6.39 miles away

46th Street Station-Hiawatha Line

4556 Hiawatha Ave
14 minute drive / 6.67 miles away

38th Street Station-Hiawatha Line

3761 Hiawatha Ave
14 minute drive / 6.9 miles away

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $629
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Studio to 3 Bedroom Apartments from $629
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Studio to 4 Bedroom Apartments from $629
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
St. Paul Studio Apartments $1,253$629$2,544
St. Paul 1 Bedroom Apartments $1,446$789$3,578
St. Paul 2 Bedroom Apartments $1,758$469$5,718
St. Paul 3 Bedroom Apartments $2,177$739$4,606
St. Paul 4 Bedroom Apartments $1,488$649$5,016
St. Paul 5 Bedroom Apartments $3,031$2,250$3,500

Browse Top Apartments in St. Paul

Viewing: Balsam on Broadway | Desktop Version | Listing Updated: 05/03/2026 | AHLPLA