
Cheap Apartments for Rent in the Downtown St Cloud Neighborhood of Saint Cloud, MN from $300 (139 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown St Cloud area of Saint Cloud.


411 5th Ave S, Unit 103

500 11th St S, Unit 103

575 7th St S, Unit 103

627 5th Ave S, Unit 202

505 12th St S, Unit 305

500 12th St S, Unit 202

815 5th Ave S

822 7th Ave S, Unit 101

402 7th Ave S
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.

1536 Northway Dr, Unit 213

1536 Northway Dr, Unit 208

1536 Northway Dr, Unit 211

395 5th Ave S, Unit 102

527 8th Ave S, Unit 103

Campus Center Apartments

418 5th Ave S, Unit State 10

516 6th St S, Unit Unit #3

Columbia IHA

Executive Apartments
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.

Brookwood Apartments

Total Monthly Price
914 8th Ave S, Unit 5, Unit 5

Total Monthly Price
1209 10th Ave S, Unit 2, Unit 2

Covington Place Apartments

Riverside Apartments 55+ Senior

Total Monthly Price
Lincoln Pointe

1625 16th St SE

Total Monthly Price
Stearnsway Apartments

Washington Place Apartments

134 21st Ave N
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Clear Brook Apartments

Victorian Terrace

1514 15th Ave SE

1910 10th Ave S

Total Monthly Price
Oakshire Apartments

1524 15th Ave SE

1526 16th Ave SE

Pine Pointe Apartments

Total Monthly Price
Newbury Apartments

Total Monthly Price
Greenbriar Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Total Monthly Price
Point Saint Germain

812 7th Ave S

503 15th Ave SE

Willow Breeze Apartments

Saint Cloud Terrace

Village Northway

Anchor Pointe Apartments

727 Apartments

3457 3rd St N

200 5th Ave N
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown St Cloud, St. Cloud, MN Local Guide

How much does it cost to rent an apartment in Downtown St Cloud?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown St Cloud Studio Apartments | $802 | $425 | $1,140 |
| Downtown St Cloud 1 Bedroom Apartments | $912 | $310 | $9,454 |
| Downtown St Cloud 2 Bedroom Apartments | $1,136 | $725 | $1,955 |
| Downtown St Cloud 3 Bedroom Apartments | $1,349 | $420 | $2,321 |
| Downtown St Cloud 4 Bedroom Apartments | $1,382 | $600 | $2,757 |
Browse Apartments in this Neighborhood
There are currently 139 rentals with your search options within a 2 mile radius of the Downtown St Cloud Neighborhood of Saint Cloud, MN.
See all Apartments in Saint CloudExplore Saint Cloud
Downtown St Cloud, St. Cloud, MN Local Guide
- Nearby Saint Cloud neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown St Cloud Apartments for Rent
 The cheapest available apartment rental in the Downtown St Cloud area of St. Cloud, MN is a Studio unit found at Columbia IHA priced from $650. Riverside Apartments 55+ Senior has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown St Cloud apartments for rent in St. Cloud, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Columbia IHA | Studio | Studio,1BA | $650 |
| Riverside Apartments 55+ Senior | One Bedroom/ One Bathroom | 1BR,1BA | $750 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $770 |
| Stearnsway Apartments | 1B/1B | 1BR,1BA | $780 |
| Washington Place Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
| Clear Brook Apartments | One bedroom One Bathroom | 1BR,1BA | $800 |
| Covington Place Apartments | 1 Bed, 1 Bath Den | 1BR,1BA | $820 |
| Saint Cloud Terrace | One Bedroom/One Bath | 1BR,1BA | $845 |
| Anchor Pointe Apartments | Second Floor Apartment | 2BR,1BA | $850 |
Best Value Apartments for Rent in Downtown St Cloud, MN
As of April 15, 2026 the best value apartment in the Downtown St Cloud area is the $1.10 price per square foot 4 Bedroom Townhome Model at Wildwood Townhomes in the in the East Saint Cloud neighborhood starting from $1,546. The second greatest value Downtown St Cloud apartment is the 3 Bedroom 1 Bathroom Model at Pine Pointe Apartments starting at $1,040 with a $0.88 price per square foot in the Lincoln School neighborhood. Here is today’s list of the best values for Downtown St Cloud apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wildwood Townhomes | 4 Bedroom Townhome | 4BR,1.5BA | $1.10 |
| Pine Pointe Apartments | 3 Bedroom 1 Bathroom | 3BR,1BA | $0.88 |
| Ivy Apartments | 4 Bed | 4BR,2BA | $1.00 |
| Oakwood Court Apartments | Two Bedroom B | 2BR,1BA | $1.00 |
| Riverstone Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $0.84 |
| Covington Place Apartments | 1 Bed, 1 Bath Den | 1BR,1BA | $0.91 |
| Oakshire Apartments | 2B/1B/Ent.Closet | 2BR,1BA | $1.04 |
| Summit Ave Apartments | 2B/1B/Large | 2BR,1BA | $1.10 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.91 |
| Birchwood Apartment Homes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.08 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 LifestyleDowntown St Cloud, Saint Cloud, MN
Ranked #2
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Downtown St Cloud, Saint Cloud, and the greater St. Cloud area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown St Cloud Apartments
What is a cheap apartment in Downtown St Cloud?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown St Cloud is under $850.
What is the price of a cheap apartment in Downtown St Cloud?
The cheapest apartment in Downtown St Cloud is Riverside Apartments 55+ Senior which is listed at $750, while the average apartment in Downtown St Cloud costs $1,425.
What types of apartments are the cheapest in Downtown St Cloud?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 47 regular apartments in Downtown St Cloud that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown St Cloud?
Cheap apartments in Downtown St Cloud have an average cost of $256 which is $1,169 cheaper than the average rent for all rentals in Downtown St Cloud.
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.