
Cheap Homes for Rent in Dowtown Saint Louis Park Neighborhood of Minneapolis, MN from $1,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Dowtown Saint Louis Park area of Minneapolis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3071 Zarthan Ave S
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Dowtown Saint Louis Park, Minneapolis, MN Local Guide

How much does it cost to rent a home in Dowtown Saint Louis Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dowtown Saint Louis Park 2 Bedroom Homes for Rent | $2,231 | $1,995 | $2,575 |
| Dowtown Saint Louis Park 3 Bedroom Homes for Rent | $2,654 | $2,350 | $3,150 |
| Dowtown Saint Louis Park 4 Bedroom Homes for Rent | $3,149 | $3,099 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Dowtown Saint Louis Park Neighborhood of Minneapolis, MN.
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Dowtown Saint Louis Park, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in Dowtown Saint Louis Park, MN
As of May 31, 2026 the best value apartment in the Dowtown Saint Louis Park area is the $1.65 price per square foot 1432 Lake St NE Model at 1432 Lake St NE, Unit 1432 B in the in the Creekside neighborhood starting from $2,475. The second greatest value Dowtown Saint Louis Park apartment is the 2B Model at Cityscape starting at $2,022 with a $1.75 price per square foot in the West Calhoun neighborhood. Here is today’s list of the best values for Dowtown Saint Louis Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1432 Lake St NE, Unit 1432 B | 1432 Lake St NE | 4BR,2BA | $1.65 |
| Cityscape | 2B | 2BR,2BA | $1.75 |
| Somerset Oaks Apartments and Townhomes | 2 Bedroom Townhome | 2BR,1BA | $1.80 |
| Westlake Estate Apartments | 2BD 1.5 BA - 3rd Floor | 2BR,1.5BA | $1.50 |
| Arbor Court | 2 Bedroom A - 60 | 2BR,2BA | $1.69 |
| Westside | Chase | 2BR,1.5BA | $1.38 |
| Boulevard 100 Apartments | Harriet 1 Bedroom | 1BR,1BA | $1.57 |
| Aquila Apartments | 1 Bedroom | 1BR,1BA | $1.60 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1.50 |
| Creekwood Estates | The Pine | 1BR,1BA | $1.88 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowtown Saint Louis Park, Minneapolis, MN
Ranked #133
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Dowtown Saint Louis Park
What type of rentals are currently available in Dowtown Saint Louis Park?
There are currently 74 Apartments for Rent in Dowtown Saint Louis Park, MN with pricing that ranges from $1,008 to $3,309. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dowtown Saint Louis Park ranging from $1,050 to $3,200.
What is the current price range for Rental Homes in Dowtown Saint Louis Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Dowtown Saint Louis Park ranges from $1,050 to $3,200 with an average monthly rent of $2,271.
How much are larger Three and Four Bedroom Rentals in Dowtown Saint Louis Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Dowtown Saint Louis Park range from $1,720 to $3,309, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $3,150. Four Bedroom Single-Family rentals are also available starting from $3,099 and Four Bedroom Apartments start at $2,395.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.