Cheap Homes for Rent in Downtown St Paul Neighborhood of Saint Paul, MN from $1,000 (4 Rentals)

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

property at 488 Wabasha St N

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

Studio, 1 Bath Home for Rent

Available Now

488 Wabasha St N

St. PaulMN55102

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.

property at 78 10th St E

$1,055

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,055

Total Monthly Price
$1,055

Studio, 1 Bath Condo for Rent

Available Now

78 10th St E, Unit 1907

78 10th St E
St. PaulMN55101
property at 66 9th St E

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

Studio, 1 Bath Condo for Rent

Available Now

66 9th St E, Unit 2101

66 9th St E
St. PaulMN55101

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

Best Value Apartments for Rent in Downtown St Paul, MN

As of June 15, 2026 the best value apartment in the Downtown St Paul area is the $1.81 price per square foot Gilbert PH Model at 333 on the Park in the in the Downtown neighborhood starting from $2,107. The second greatest value Downtown St Paul apartment is the Two Bedroom Model at Euclid View Flats starting at $1,608 with a $1.62 price per square foot in the Dayton's Buff 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.
333 on the ParkGilbert PH1BR,1BA$1.81
Euclid View FlatsTwo Bedroom2BR,1BA$1.62
283-289 Bates Avenue3 Bedroom3BR,1BA$1.40
Press House ApartmentsOne Bedroom1BR,1BA$1.46
Parkside ApartmentsStudioStudio ,1BA$1.74
Straus LoftsStudioStudio ,1BA$1.80
Commerce Building Apartments1 Bedroom (50)1BR,1BA$1.76
Crane Ordway ApartmentsStudio, 1 bathStudio ,1BA$1.75
224 Bates Ave1 Bedroom1BR,1BA$1.63
Renaissance BoxStudioStudio ,1BA$1.82

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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Real 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 Article
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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 #20

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown St Paul

What type of rentals are currently available in Downtown St Paul?

There are currently 101 Apartments for Rent in Downtown St Paul, MN with pricing that ranges from $629 to $4,603. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown St Paul ranging from $1,025 to $2,295.

What is the current price range for Rental Homes in Downtown St Paul?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown St Paul ranges from $1,025 to $2,295 with an average monthly rent of $1,832.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.