
Cheap Apartments for Rent in the Downtown St Paul Neighborhood of Saint Paul, MN from $563 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown St Paul area of Saint Paul.


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Press House Apartments

321 Bates Ave

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Chestnut Arms

196 Mounds Blvd, Unit 6B

196 Mounds Blvd, Unit 5

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Straus Lofts

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Sibley Court

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Sibley Park

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Renaissance Box
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Crane Ordway Apartments

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Lyon's Court Senior Apartments

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Pioneer Endicott

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The Jax

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The Whitley

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Commerce Building Apartments

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Galtier Towers

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Degree of Honor

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Kellogg Square

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Rayette Lofts
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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R7 Lofts

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Parkside Apartments

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Mears Park Place

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The Schurmeier Lofts

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The Donegan Apartments

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Custom House

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Lowertown Lofts

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The Penfield

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The Arlow on Kellogg

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The Cosmopolitan
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Irvine Exchange

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Oaks Union Depot

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Stella St. Paul

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Landmark Tower

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Oxbo Urban Rentals

880 Wilson Ave

26 W 10th St, Unit 801

78 10th St E

350 St Peter St

78 10th St E
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.

26 W 10th St

Central Towers (Senior)

Hackett Block

251 Maria Ave

Lowry Apartments

296 Bates

224 Bates Ave

Seventh Place Apartments

940 3rd St E

The Hollows
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.
Downtown St Paul, St. Paul, MN Local Guide

How much does it cost to rent an apartment in Downtown St Paul?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown St Paul Studio Apartments | $1,254 | $629 | $1,820 |
| Downtown St Paul 1 Bedroom Apartments | $1,596 | $850 | $4,078 |
| Downtown St Paul 2 Bedroom Apartments | $2,228 | $1,003 | $6,078 |
| Downtown St Paul 3 Bedroom Apartments | $2,504 | $1,425 | $3,678 |
Browse Apartments in this Neighborhood
There are currently 64 rentals with your search options within a 2 mile radius of the Downtown St Paul Neighborhood of Saint Paul, MN.
See all Apartments in Saint PaulExplore Saint Paul
Downtown St Paul, St. Paul, MN Local Guide
- Nearby Saint Paul neighborhoods
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Cheapest Available Downtown St Paul Apartments for Rent
 The cheapest available apartment rental in the Downtown St Paul area of St. Paul, MN is a Studio unit found at The Historic Minnesota Building priced from $629. 296 Bates has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here are the most affordable Downtown St Paul apartments for rent in St. Paul, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Historic Minnesota Building | S2 | Studio, 1BA | $629 |
| 296 Bates | 0BR/1.0BA | Studio, 1BA | $890 |
| Press House Apartments | One Bedroom | 1BR, 1BA | $899 |
| Chestnut Arms | Studio | Studio, 1BA | $925 |
| Straus Lofts | Studio | Studio, 1BA | $989 |
| Sibley Park | Studio | Studio, 1BA | $990 |
| Sibley Court | Studio | Studio, 1BA | $990 |
| Crane Ordway Apartments | Studio, 1 bath | Studio, 1BA | $1,000 |
| Lyon's Court Senior Apartments | 2 Bedroom | 2BR, 1BA | $1,003 |
| Commission House | S4-2 | Studio, 1BA | $1,022 |
Best Value Apartments for Rent in Downtown St Paul, MN
As of September 20, 2026 the best value apartment in the Downtown St Paul area is the $1.69 price per square foot C2 Model at The Jax in the Downtown neighborhood starting from $1,885. The second greatest value Downtown St Paul apartment is the Two Bedroom Model at Euclid View Flats in the Dayton's Buff neighborhood starting at $1,608 with a $1.62 price per square foot. Here is today’s list of the best values for Downtown St Paul apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Jax | C2 | 2BR, 2BA | $1.69 |
| Euclid View Flats | Two Bedroom | 2BR, 1BA | $1.62 |
| Degree of Honor | C1 | 2BR, 2BA | $1.61 |
| 333 on the Park | Fulton | 1BR, 1BA | $1.73 |
| 283-289 Bates Avenue | 3 Bedroom | 3BR, 1BA | $1.39 |
| Rayette Lofts | A3 - The Taylor | 1BR, 1BA | $1.71 |
| Press House Apartments | One Bedroom | 1BR, 1BA | $1.14 |
| Commerce Building Apartments | 1 Bedroom (60) | 1BR, 1BA | $1.43 |
| Lowertown Commons | Studio | Studio, 1BA | $1.67 |
| Straus Lofts | 0 Bedroom - Market | Studio, 1BA | $1.72 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 LifestyleDowntown St Paul, Saint Paul, MN
Ranked #19
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Saint Paul. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown St Paul Apartments
What is a cheap apartment in Downtown St Paul?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown St Paul is under $1,022.
What is the price of a cheap apartment in Downtown St Paul?
The cheapest apartment in Downtown St Paul is The Historic Minnesota Building which is listed at $850, while the average apartment in Downtown St Paul costs $1,589.
What types of apartments are the cheapest in Downtown 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 43 regular apartments in Downtown 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 Downtown St Paul?
Cheap apartments in Downtown St Paul have an average cost of $231 which is $1,358 cheaper than the average rent for all rentals in Downtown 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.