
Cheap Apartments for Rent in St. Louis Park, MN from $600 (251 Rentals)
Search the lowest-cost Apartments available for rent right now in St. Louis Park.


Brittany Apartments

Park Villa Apartments

Total Monthly Price
Fine Living at Aquila Park & Royal Park

Total Monthly Price
Colonial Terrace

Total Monthly Price
3551-3559 Huntington Ave S.

Total Monthly Price
Era on Excelsior

Park Trails

Total Monthly Price
Hampshire House

Lynn Plaza
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.

Park Flats

Aquila Apartments

Westwood Chateau Apartments

Total Monthly Price
Westwood Gardens

The Edge of Uptown

Boulevard 100 Apartments

Park Point Properties

Total Monthly Price
2700-2727 Rhode Island Ave S. (Rhode Island Chateau)

Total Monthly Price
Joppa Lane

Total Monthly Price
Minikahda Court 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.

Park Embassy

Park West Apartments

Total Monthly Price
Knollwood Estates

Total Monthly Price
Park Glen Apartments

Total Monthly Price
Zelia on Seven

Westwind Apartments

Total Monthly Price
Park Towers

Idaho Park West

Total Monthly Price
Lou Park

Copper Stone Apartments
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.

Total Monthly Price
Arrive 4301

Tamarind Apartments

Total Monthly Price
Shelard Village Apartments

The Shoreham Apartments

Total Monthly Price
Hoigaard Village

Total Monthly Price
Ellipse on Excelsior and E2

Corsa

Total Monthly Price
L and E Apartments

Westlake Estate Apartments

Somerset Oaks Apartments and Townhomes
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

Urban Park I and II Apartments

Total Monthly Price
Park Pointe

Total Monthly Price
Verge

Parkway Place

Total Monthly Price
Helix

Total Monthly Price
Siena Apartment Homes

Total Monthly Price
The Gables at Park Pointe

Total Monthly Price
Villa Capri

Arrive Inglewood Trails

Total Monthly Price
The Flats at West End
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
St. Louis Park, MN Local Guide

How much does it cost to rent an apartment in St. Louis Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap St. Louis Park Studio Apartments | $1,432 | $860 | $2,211 |
| Cheap St. Louis Park 1 Bedroom Apartments | $1,778 | $895 | $5,883 |
| Cheap St. Louis Park 2 Bedroom Apartments | $2,562 | $1,030 | $10,000+ |
| Cheap St. Louis Park 3 Bedroom Apartments | $3,201 | $1,585 | $10,000+ |
| Cheap St. Louis Park 4 Bedroom Apartments | $5,183 | $1,950 | $9,950 |
Browse Top Apartments in St. Louis Park
See all Apartments in St. Louis ParkExplore St. Louis Park
St. Louis Park, MN Local Guide

- St. Louis Park Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in St. Louis Park, MN
Pricing Updated: 05/05/2026Current apartment rentals in the St. Louis Park, MN area range in price from $862 to $14,500 with an overall median price of $6,325. The three St. Louis Park neighborhoods with the lowest median rent pricing are Amhurst at $999, Shelard Park at $1,031, and Aquila at $999. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for St. Louis Park Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Amhurst | $2,359 | $999 | 294 |
| Shelard Park | $2,649 | $1,031 | 338 |
| Aquila | $2,907 | $999 | 294 |
| South Oak Hill | $3,055 | $999 | 260 |
| Cedar Manor | $3,133 | $999 | 422 |
| Oak Hill | $3,133 | $999 | 263 |
| Fern Hill | $5,348 | $862 | 437 |
| Birchwood | $7,696 | $999 | 364 |
| Blackstone | $7,696 | $999 | 334 |
| Bronx Park | $7,696 | $999 | 399 |
Cheapest Available St. Louis Park Apartments for Rent
 The cheapest available apartment rental in St. Louis Park, MN is a 1 Bed unit found at Knox and Lagoon Apartments in the Calhoun Isles neighborhood priced from $895. Crown Ridge Apartments in the Shelard Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable St. Louis Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knox and Lagoon Apartments | Garden Level Efficiency | 1BR,1BA | $895 |
| Crown Ridge Apartments | Washington | 1BR,1BA | $900 |
| Uptown West | Uptown West - Studio (A) | Studio,1BA | $912 |
| Brittany Apartments | Studio | Studio,1BA | $925 |
| The Fuller Apartments | Street Car | Studio,1BA | $973 |
| Q2 | 1 Bedroom | 1BR,1BA | $995 |
| 1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
| Park Villa Apartments | 1BR/1.0BA | 1BR,1BA | $1,000 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,008 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
Best Value Apartments for Rent in St. Louis Park, MN
As of May 05, 2026 the best value apartment in the St. Louis Park area is the $1.42 price per square foot 2237 Hampshire Ave S Model at 2237 Hampshire Ave S, Unit 2 in the in the Elmwood neighborhood starting from $2,600. The second greatest value St. Louis Park apartment is the 2 Bedroom 2 Bathroom Model at Creek Point Apartments starting at $1,302 with a $1.13 price per square foot in the Creekside neighborhood. Here is today’s list of the best values for St. Louis Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2237 Hampshire Ave S, Unit 2 | 2237 Hampshire Ave S | 3BR,2BA | $1.42 |
| Creek Point Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.13 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.38 |
| Putnam Properties in Hopkins | 2 Bedroom | 2BR,1BA | $1.40 |
| 4324 France Ave S, Unit B | 4324 France Ave S | 1BR,1BA | $1.40 |
| Cabana Apartments | 2 Bedroom/1Bath | 2BR,1BA | $1.10 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.41 |
| Westside | Chase | 2BR,1.5BA | $1.38 |
| Park Embassy | One Bedroom Extra Large | 1BR,1BA | $1.42 |
| Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.41 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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 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.
St. Louis Park Overview
Are you looking for a beautiful place that you can call home? If so, you may want to take a closer look at St. Louis Park, MN. St. Louis Park, MN is a suburb of Minneapolis that is rapidly growing, as many people are looking to take advantage of the exceptional job and educational opportunities. If you are looking for apartments in St. Louis Park, MN, then you should learn more about the local area. Then, count on us to help you find your St. Louis Park apartments! Learn more about the beautiful area of St. Louis Park, MN below!á
Why live in St. Louis Park, MN?
St. Louis Park, MN is a great place to live for a variety of reasons. First, this is a suburb that is relatively close to Minneapolis, providing everyone with bountiful job opportunities. Despite that, the cost of living in St. Louis Park, MN is lower than that of Minneapolis, meaning that money goes further. Finally, a lot of people also shoes to move to St. Louis Park, MN because the people who live in this area are very friendly. These are just a few of the many reasons why so many people choose to call St. Louis Park, MN home.á
Best Local Schools in St. Louis Park, MN
Peter Hobart Elementary
St. Louis Park Senior High
St. Louis Park Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore St. Louis Park, MN Rentals by Map
See the most popular apartments and homes in St. Louis Park, MN
Frequently Asked Questions about Cheap St. Louis Park Apartments
What is a cheap apartment in St. Louis Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St. Louis Park is under $1,018.
What is the price of a cheap apartment in St. Louis Park?
The cheapest apartment in St. Louis Park is Knox and Lagoon Apartments which is listed at $895, while the average apartment in St. Louis Park costs $6,325.
What types of apartments are the cheapest in St. Louis Park?
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 290 regular apartments in St. Louis Park 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 St. Louis Park?
Cheap apartments in St. Louis Park have an average cost of $126 which is $6,199 cheaper than the average rent for all rentals in St. Louis Park.
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

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.

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.