Cheap Homes for Rent in St. Louis Park, MN from $1,000 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in St. Louis Park.

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.

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.

property at 936 Westbrooke Way

936 Westbrooke Way, Unit 4

936 Westbrooke Way
HopkinsMN55343
property at 10401 Cedar Lake Rd

10401 Cedar Lake Rd, Unit 406

10401 Cedar Lake Rd
MinnetonkaMN55305
property at 2885 Knox Ave S

2885 Knox Ave S

MinneapolisMN55408

The 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.

property at 2885 Knox Ave S

2885 Knox Ave S

MinneapolisMN55408
property at 4820 Park Commons Dr

4820 Park Commons Dr, Unit 234

4820 Park Commons Dr
St. Louis ParkMN55416
property at 4536 Cedar Lake Rd S

4536 Cedar Lake Rd S, Unit 2

4536 Cedar Lake Rd S
St. Louis ParkMN55416

Cash 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.

property at 2706 Humboldt Ave S

2706 Humboldt Ave S, Unit 302

2706 Humboldt Ave S
MinneapolisMN55408

St. Louis Park, MN Local Guide

Cheapest Neighborhoods for Apartments in St. Louis Park, MN

Pricing Updated: 09/11/2025

Current apartment rentals in the St. Louis Park, MN area range in price from $1,495 to $4,500 with an overall median price of $2,482. The three St. Louis Park neighborhoods with the lowest median rent pricing are Blackstone at $1,495, Cedarhurst at $1,600, and Lake Forest at $1,600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for St. Louis Park Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Blackstone$1,495$1,4951
Cedarhurst$1,775$1,6001
Lake Forest$1,775$1,6001
Amhurst$1,895$1,8951
South Oak Hill$2,147$1,8002
Shelard Park$2,195$2,1951
Triangle$2,200$1,5654
Elmwood$2,322$2,1451
Fern Hill$2,495$1,9002
Oak Hill$2,495$1,7503

Cheapest Available St. Louis Park Apartments for Rent

 

The cheapest available apartment rental in St. Louis Park, MN is a Studio unit found at 2876 Humboldt Ave S in the Calhoun Isles neighborhood priced from $825. Yorkshire Apartments in the Calhoun Isles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here is today’s list of the most affordable St. Louis Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2876 Humboldt Ave S2876 EfficiencyStudio,1BA$825
Yorkshire Apartments3125 Holmes Ave - StudioStudio,1BA$840
Brittany ApartmentsStudioStudio,1BA$925
Cabana Apartments1 Bedroom1BR,1BA$950
2932 Drew Ave S1 Bedroom1BR,1BA$975

Best Value Apartments for Rent in St. Louis Park, MN

As of September 11, 2025 the best value apartment in the St. Louis Park area is the $0.97 price per square foot 3BR/1.0BA Model at 1435 West 31st St in the in the Calhoun Isles neighborhood starting from $1,495. The second greatest value St. Louis Park apartment is the Two Bedroom Model at Park Embassy starting at $1,555 with a $1.30 price per square foot in the West Calhoun neighborhood. Here is today’s list of the best values for St. Louis Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1435 West 31st St3BR/1.0BA3BR,1BA$0.97
Park EmbassyTwo Bedroom2BR,2BA$1.30
2920 Dean Parkway ApartmentsThe Benton1BR,1BA$1.25
Wilshire WoodThe Jeanette2BR,1BA$1.42
CMM Aquila Flats 8216 W 31st St.2BR/1.0BA2BR,1BA$1.39
Crown Ridge Apartments2 Bed 1 Bath2BR,1BA$1.20
Knollwood Estates2 Bedroom2BR,1BA$1.39
2932 Drew Ave S1 Bedroom1BR,1BA$1.22
Cabana Apartments1 Bedroom1BR,1BA$1.23
5747 Glenwood Ave, Unit 125747 Glenwood Ave1BR,1BA$1.38

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
St. Louis Park, MN

Ranked #4

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore St. Louis Park, MN Rentals by Map

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Frequently Asked Questions about St. Louis Park

What type of rentals are currently available in St. Louis Park?

There are currently 559 Apartments for Rent in St. Louis Park, MN with pricing that ranges from $825 to $15,685. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Louis Park ranging from $1,050 to $10,000.

What is the current price range for Rental Homes in St. Louis Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in St. Louis Park ranges from $1,050 to $10,000 with an average monthly rent of $3,821.

How much are larger Three and Four Bedroom Rentals in St. Louis Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in St. Louis Park range from $1,275 to $9,420, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,400. Four Bedroom Single-Family rentals are also available starting from $2,145 and Four Bedroom Apartments start at $3,630.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.