Cheap Apartments for Rent in the Downtown St Paul Neighborhood of Saint Paul, MN from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown St Paul area of Saint Paul.

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The Historic Minnesota Building
Rent Specials
$649 - $1,719
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$649 - $1,719

Total Monthly Price
$649 - $1,719
Studio to 2 Bedroom Apartments Available Now

The Historic Minnesota Building

46 4th St ESt. Paul, MN 55101
Affordability
  • Verified
  • Utilities Included
  • Low Income
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Commerce Building Apartments
Rent Specials
$684 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$684 - $1,499

Total Monthly Price
$684 - $1,499
1 to 2 Bedroom Apartments Available Now

Commerce Building Apartments

10 4th St ESt. Paul, MN 55101
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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
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Chestnut Arms
$975 - $1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$975 - $1,050

Total Monthly Price
$975 - $1,050
Studio Apartments Available Now

Chestnut Arms

224 Smith Ave NSt. Paul, MN 55102
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Sibley Park
$990 - $1,490
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,490

Total Monthly Price
$990 - $1,490
Studio to 2 Bedroom Apartments Available Now

Sibley Park

211 7th St ESt. Paul, MN 55101
Affordability
  • Verified
  • Utilities Included
  • Low Income
property at 726 Wilson Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

726 Wilson Ave

St. PaulMN55106

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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The Hollows
Rent Specials
$1,003 - $1,678
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,674
Required Monthly Fees
$4

Total Monthly Price
$1,003 - $1,678
Studio to 2 Bedroom Apartments Available Now

The Hollows

520 Payne AveSt. Paul, MN 55130
Eco-Friendly
  • Verified
  • Utilities Included
  • Low Income
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The Penfield
$1,092 - $3,579
Total Monthly Price

Total Monthly Price

Base Rent
$1,074 - $3,561
Required Monthly Fees
$18

Total Monthly Price
$1,092 - $3,579
Studio to 3 Bedroom Apartments Available Now

The Penfield

101 E 10th St ESt. Paul, MN 55101
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 977 Fremont Ave E

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

977 Fremont Ave E

St. PaulMN55106
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The Fitz Flats
Rent Specials
$1,114 - $1,189
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,175
Required Monthly Fees
$14

Total Monthly Price
$1,114 - $1,189
Studio to 1 Bedroom Apartments Available Now

The Fitz Flats

5 7th St WSt. Paul, MN 55102
Affordability
  • Verified
  • Utilities Included
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Irvine Exchange
Rent Specials
$1,133 - $3,996
Total Monthly Price

Total Monthly Price

Base Rent
$1,128 - $3,991
Required Monthly Fees
$5

Total Monthly Price
$1,133 - $3,996
Studio to 3 Bedroom Apartments Available Now

Irvine Exchange

200 Exchange StSt. Paul, MN 55102
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Pioneer Endicott
Rent Specials
$1,157 - $2,351
Total Monthly Price

Total Monthly Price

Base Rent
$1,153 - $2,347
Required Monthly Fees
$4

Total Monthly Price
$1,157 - $2,351
Studio to 2 Bedroom Apartments Available Now

Pioneer Endicott

141 4th St ESt. Paul, MN 55101
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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Lowertown Lofts
Rent Specials
$1,184 - $5,569
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $5,565
Required Monthly Fees
$4

Total Monthly Price
$1,184 - $5,569
Studio to 3 Bedroom Apartments Available Now

Lowertown Lofts

240 E 5th St ESt. Paul, MN 55101
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 523 Jackson St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

Studio, 1 Bath Home for Rent

Available Mar 1

523 Jackson St

St. PaulMN55101
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R7 Lofts
$1,224 - $3,024
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $2,925
Required Monthly Fees
$99

Total Monthly Price
$1,224 - $3,024
1 to 3 Bedroom Apartments Available Now

R7 Lofts

133 7th StSt. Paul, MN 55101
Corporate Housing
  • Verified
  • 3D Tour
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The Whitley
$1,276 - $3,947
Total Monthly Price

Total Monthly Price

Base Rent
$1,196 - $3,867
Required Monthly Fees
$80

Total Monthly Price
$1,276 - $3,947
Studio to 2 Bedroom Apartments Available Now

The Whitley

460 Wacouta StSt. Paul, MN 55101
Corporate Housing
  • Verified
  • 3D Tour
  • Smoke Free

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.

property at 66 9th St E

$1,295 - $1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

Studio To 2 Bedroom Rentals

Available Now

66 9th St E

St. PaulMN55101
property at 1024 Euclid St

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

2 Bedroom, 1 Bath Home for Rent

Available Apr 1

1024 Euclid St

St. PaulMN55106
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Central Towers (Senior)
Studio to 2 Bedroom Apartments

Central Towers (Senior)

20 Exchange St ESt. Paul, MN 55101
Senior Living
  • Utilities Included
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Hackett Block
1 Bedroom Apartments

Hackett Block

262 4th St ESt. Paul, MN 55101
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Lowry Apartments
Studio to 2 Bedroom Apartments

Lowry Apartments

345 Wabasha St NSt. Paul, MN 55102
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Renaissanse Box
Studio to 2 Bedroom Apartments

Renaissanse Box

200 10th St ESt. Paul, MN 55101
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938-940 East 3rd
Studio to 2 Bedroom Apartments

938-940 East 3rd

940 3rd St ESt. Paul, MN 55106
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296 Bates
Studio to 2 Bedroom Apartments

296 Bates

296 Bates AveSt. Paul, MN 55106

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.

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224 Bates Ave
1 Bedroom Apartments

224 Bates Ave

224 Bates AveSt. Paul, MN 55106
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Commission House
Studio to 1 Bedroom Apartments

Commission House

282 6th St ESt. Paul, MN 55101
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Lowertown Commons
Studio to 2 Bedroom Apartments

Lowertown Commons

300 4th St ESt. Paul, MN 55101
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The Arlow on Kellogg
Studio to 2 Bedroom Apartments

The Arlow on Kellogg

253 Kellogg Blvd WSt. Paul, MN 55102
Corporate Housing
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Straus Lofts
Studio to 3 Bedroom Apartments

Straus Lofts

350 Sibley StSt. Paul, MN 55101
  • Utilities Included
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340 Sibley Street Lofts
Studio to 2 Bedroom Apartments

340 Sibley Street Lofts

340 N Sibley StSt. Paul, MN 55101
  • Utilities Included
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693 Wilson Ave
1 to 2 Bedroom Apartments

693 Wilson Ave

693 Wilson AveSt. Paul, MN 55106

Navigating 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.

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697-705 Conway
1 to 3 Bedroom Apartments

697-705 Conway

697-705 Conway StSt. Paul, MN 55106

Downtown St Paul, St. Paul, MN Local Guide

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 $649. Commerce Building Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $684. Here are the most affordable Downtown St Paul apartments for rent in St. Paul, MN:

Apartment ListingModel NameBed/BathPriced From
The Historic Minnesota BuildingS2Studio,1BA$649
Commerce Building Apartments1 Bedroom (30)1BR,1BA$684
Press House ApartmentsOne Bedroom1BR,1BA$899
296 Bates1 Bedroom1BR,1BA$929
Chestnut ArmsStudioStudio,1BA$975
Degree of Honor0540644Studio,1BA$984
Sibley ParkStudioStudio,1BA$990
Sibley CourtStudioStudio,1BA$990
Commission HouseS4-3Studio,1BA$999
Lyon's Court Senior Apartments2 Bedroom2BR,1BA$1,016

Best Value Apartments for Rent in Downtown St Paul, MN

As of February 05, 2026 the best value apartment in the Downtown St Paul area is the $1.08 price per square foot 2 Bedroom - Market Model at Straus Lofts in the in the Downtown neighborhood starting from $1,631. The second greatest value Downtown St Paul apartment is the 585 Case Ave Model at 585 Case Ave, Unit 1 starting at $1,350 with a $0.90 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown St Paul apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Straus Lofts2 Bedroom - Market2BR,1BA$1.08
585 Case Ave, Unit 1585 Case Ave2BR,1BA$0.90
Rayette LoftsB1 - The Hepburn2BR,1BA$1.44
Lyon's Court Senior Apartments2 Bedroom2BR,1BA$0.89
Euclid View FlatsTwo Bedroom2BR,1BA$1.65
Degree of Honor05429652BR,2BA$1.71
The JaxjA81BR,1BA$1.67
Schurmeier Lofts0BR/1.0BAStudio ,1BA$1.73
Commerce Building Apartments1 Bedroom (50)1BR,1BA$1.76
Press House ApartmentsStudioStudio ,1BA$1.63

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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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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Quick 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.

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Pet Friendly Lifestyle
Downtown St Paul, Saint Paul, MN

Ranked #35

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,016.

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

The cheapest apartment in Downtown St Paul is Commerce Building Apartments which is listed at $684, while the average apartment in Downtown St Paul costs $2,747.

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 65 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 $199 which is $2,548 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

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.