Cheap Apartments for Rent in St. Paul, MN from $400 (766 Rentals)

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Search the lowest-cost Apartments available for rent right now in St. Paul.

property at 474 Herschel St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

Studio, 1 Bath Home for Rent

Available Now

474 Herschel St

St. PaulMN55104

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.

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Princeton Place
$850 - $1,350
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$800 - $1,300
Required Monthly Fees
$50
Total Monthly Price
$850 - $1,350
Studio to 2 Bedroom Apartments Available Now

Princeton Place

461 Maryland Ave WSt. Paul, MN 55117
Affordability
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1269 7th St W
$860
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$860
Total Monthly Price
$860
Studio to 1 Bedroom Apartments Available Now

1269 7th St W

1269 7th St WSt. Paul, MN 55102
Student Housing
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  • Utilities Included

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.

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property at 562 Edmund Ave W

$910

Total Monthly Price

Total Monthly Price

Base Rent
$910
Total Monthly Price
$910

1 Bedroom, 1 Bath Home for Rent

Available Now

562 Edmund Ave W

St. PaulMN55103
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Chestnut Arms
$925 - $975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $975
Total Monthly Price
$925 - $975
Studio Apartments Available Now

Chestnut Arms

224 Smith Ave NSt. Paul, MN 55102
Affordability
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  • Customer Reviewed
  • Utilities Included

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.

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property at 531 S Stryker Ave

$930

Total Monthly Price

Total Monthly Price

Base Rent
$930
Total Monthly Price
$930

1 Bedroom, 1 Bath Home for Rent

Available Now

531 S Stryker Ave

St. PaulMN55107
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California Drive
$935 - $1,047
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,011
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Jun 5

California Drive

1203 California DrSt. Paul, MN 55108
Affordability
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  • Customer Reviewed
  • 3D Tour

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.

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Little Mod
$945
Total Monthly Price

Total Monthly Price

Base Rent
$870
Required Monthly Fees
$75
Total Monthly Price
$945
1 Bedroom Apartments Available Now

Little Mod

796 Stewart AveSt. Paul, MN 55102
Furnished
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  • Low Income
  • Smoke Free
property at 1163 7th St W

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1163 7th St W

St. PaulMN55102
property at 690 York Ave

$950 - $1,950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 To 3 Bedroom Rentals

Available Now

690 York Ave

St. PaulMN55106

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.

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St. Paul, MN Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in St. Paul, MN

Pricing Updated: 05/06/2026

Current apartment rentals in the St. Paul, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for St. Paul Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Daytons Bluff$2,600$89572
Lowertown$2,628$629253
Downtown St Paul$2,631$629209
Arts District$2,638$629216

Cheapest Available St. Paul Apartments for Rent

 

The cheapest available apartment rental in St. Paul, MN is a 2 Beds unit found at Yugo The Sydney at Dinkytown in the University Of Minnesota neighborhood priced from $489. Radius in the University Of Minnesota neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $495. Here is today’s list of the most affordable St. Paul apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$489
RadiusC53BR,2BA$495
The Historic Minnesota BuildingS2Studio,1BA$629
Morrow ApartmentsOne-Bedroom1BR,1BA$652
Stryker Senior Housing0AStudio,1BA$652
Parkway GardensThe Rose1BR,1BA$692
Bierman PlaceThe Park - By-the-bed2BR,1BA$695
Cretin Court1 Bed, 1 bath1BR,1BA$789
Charles FlatsStudioStudio,1BA$795
Humboldt Senior 55+ Apartments1 Bedroom B1BR,1BA$799

Best Value Apartments for Rent in St. Paul, MN

As of May 07, 2026 the best value apartment in the St. Paul area is the $1.04 price per square foot 2 Bedroom - Market Model at Straus Lofts in the in the Downtown neighborhood starting from $1,561. The second greatest value St. Paul apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $776 with a $0.52 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for St. Paul apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Straus Lofts2 Bedroom - Market2BR,1BA$1.04
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.52
The Marshall3X35A3BR,3.5BA$0.70
University VillageLarge 2B2B - Private2BR,2BA$0.88
Little ModColiving Suite 7961BR,1BA$0.85
431 Minnehaha Ave E, Unit Upper Duplex431 Minnehaha Ave E2BR,1BA$1.09
765 Jessie St, Unit B765 Jessie St2BR,1BA$1.09
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double2BR,2BA$0.46
Marshall Suites Furnished Luxury ApartmentsLuxury4BR,2BA$0.65
RadiusC23BR,2BA$0.78

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.

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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.

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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.

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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.

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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.

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Enjoy 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.

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St. Paul Overview

St. Paul is a large midwestern city with a small-town feel thanks to its diverse neighborhoods and historic buildings. Experience the best the midwest has to offer with fine dining, family-friendly events, concerts, and festivals, and a variety of athletic leagues and teams. From the university area to the thriving downtown, there is always something happening in St. Paul. The city is also known for its wide selection of safe and affordable apartments that allow residents to become fully immersed in their local communities.

Why live in St. Paul, MN?

The St. Paul economy is thriving with nearly 1.6 million jobs in the private sector as of 2008. Most of these jobs are related to the service industry, which means that St. Paul is an ideal place for young professionals looking to start out their careers and find a safe apartment to live in. The culture of St. Paul is what truly sets it apart from other large cities in the midwest. With a variety of conservatories, historic landmarks in the downtown area, and a rich multicultural history, it is easy to see why St. Paul receives 350,000 visitors to its Winter Carnival alone.

Best Local Schools in
St. Paul, MN

School data provided by Great Schools

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

Explore St. Paul, MN Rentals by Map

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Frequently Asked Questions about Cheap St. Paul Apartments

What is a cheap apartment in St. Paul?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St. Paul is under $799.

What is the price of a cheap apartment in St. Paul?

The cheapest apartment in St. Paul is Morrow Apartments which is listed at $652, while the average apartment in St. Paul costs $2,624.

What types of apartments are the cheapest in St. Paul?

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 248 regular apartments in St. Paul 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. Paul?

Cheap apartments in St. Paul have an average cost of $405 which is $2,219 cheaper than the average rent for all rentals in St. Paul.

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.

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