
Cheap Homes for Rent in the Downtown St Paul Neighborhood of Saint Paul, MN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown St Paul area of Saint Paul.


196 Mounds Blvd, Unit 6B
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.

196 Mounds Blvd, Unit 5

66 9th St E
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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78 10th St E, Unit 406
Downtown St Paul, St. Paul, MN Local Guide

How much does it cost to rent a home in Downtown St Paul?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown St Paul 2 Bedroom Homes for Rent | $1,674 | $1,599 | $1,750 |
| Downtown St Paul 3 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
| Downtown St Paul 4 Bedroom Homes for Rent | $2,513 | $2,513 | $2,513 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown St Paul Neighborhood of Saint Paul, MN.
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Downtown St Paul, St. Paul, MN Local Guide
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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. Lyon's Court Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $911. 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 |
| Lyon's Court Senior Apartments | 1 Bedroom - HOME | 1BR,1BA | $911 |
| Chestnut Arms | Studio | Studio,1BA | $925 |
Best Value Apartments for Rent in Downtown St Paul, MN
As of August 01, 2026 the best value apartment in the Downtown St Paul area is the $1.69 price per square foot 3 Bedroom - 2 Bath Model at R7 Lofts in the in the Downtown neighborhood starting from $2,595. The second greatest value Downtown St Paul apartment is the 738 Wilson Ave Model at 738 Wilson Ave starting at $1,700 with a $1.55 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| R7 Lofts | 3 Bedroom - 2 Bath | 3BR,2BA | $1.69 |
| 738 Wilson Ave | 738 Wilson Ave | 2BR,1BA | $1.55 |
| The Jax | C1 | 2BR,2BA | $1.46 |
| 333 on the Park | Irvine | 1BR,1BA | $1.75 |
| Euclid View Flats | Two Bedroom | 2BR,1BA | $1.62 |
| Pioneer Endicott | 1BR/1BA | 1BR,1BA | $1.50 |
| 283-289 Bates Avenue | 3 Bedroom | 3BR,1BA | $1.39 |
| Press House Apartments | One Bedroom | 1BR,1BA | $1.46 |
| Degree of Honor | S1 | Studio ,1BA | $1.63 |
| Lyon's Court Senior Apartments | 1 Bedroom - HOME | 1BR,1BA | $1.73 |
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 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 #25
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown St Paul
What type of rentals are currently available in Downtown St Paul?
There are currently 98 Apartments for Rent in Downtown St Paul, MN with pricing that ranges from $629 to $6,078. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown St Paul ranging from $975 to $2,513.
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 $975 to $2,513 with an average monthly rent of $1,697.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.